Mark Peter Smith - 18 May 2021 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
The reporting person is President & Chief Executive Officer., Director
Signature
Robert J. Cicero, as attorney-in-fact
Issuer symbol
SWBI
Transactions as of
18 May 2021
Net transactions value
-$18,452
Form type
4
Filing time
19 May 2021, 17:15:13 UTC
Next filing
27 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Options Exercise +28,800 +16% 205,398 18 May 2021 Direct F1
transaction SWBI Common Stock Tax liability $18,452 -940 -0.46% $19.63 204,458 18 May 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWBI Performance Rights Options Exercise -28,800 -100% 0 18 May 2021 Common Stock 28,800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on market cap performance over a three-year performance period. The number of shares to be delivered is the maximum number of shares that may be delivered pursuant to the award. The shares will be delivered on May 1, 2022.
F2 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of performance rights.

Remarks:

The reporting person is President & Chief Executive Officer.