Patrick W. Smith - 24 Nov 2021 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Patrick W. Smith, by Jawad A. Ahsan, Attorney-in-Fact
Issuer symbol: AXON
Transactions as of: 24 Nov 2021
Net transactions value: +$8,919,572
Form type: 4
Filing time: 29 Nov 2021, 19:28:15 UTC
Previous filing: 19 Nov 2021
Next filing: 02 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXON	Common Stock	Options Exercise	$10,183,493	+56,619	+2.6%	$179.86	2,209,897	24 Nov 2021	Direct
transaction	AXON	Common Stock	Sale	$4,990,737	-27,718	-1.3%	$180.05	2,182,179	24 Nov 2021	Direct	F1, F2
transaction	AXON	Common Stock	Sale	$1,247,774	-6,930	-0.32%	$180.05	2,175,249	24 Nov 2021	Direct	F2
transaction	AXON	Common Stock	Options Exercise	$1,321,380	+7,457	+0.34%	$177.20	2,182,706	26 Nov 2021	Direct
transaction	AXON	Common Stock	Sale	$653,276	-3,628	-0.17%	$180.07	2,179,078	26 Nov 2021	Direct	F1, F3
transaction	AXON	Common Stock	Sale	$163,319	-907	-0.04%	$180.07	2,178,171	26 Nov 2021	Direct	F3
transaction	AXON	Common Stock	Options Exercise	$11,548,039	+64,245	+2.9%	$179.75	2,242,416	29 Nov 2021	Direct
transaction	AXON	Common Stock	Sale	$5,662,624	-31,433	-1.4%	$180.15	2,210,983	29 Nov 2021	Direct	F1, F4
transaction	AXON	Common Stock	Sale	$1,415,611	-7,858	-0.36%	$180.15	2,203,125	29 Nov 2021	Direct	F4

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	AXON	Employee Stock Option	Options Exercise	$0	-56,619	-3.7%	$0.000000	1,461,916	24 Nov 2021	Common Stock	56,619	$28.58	Direct
transaction	AXON	Employee Stock Option	Options Exercise	$0	-7,457	-0.51%	$0.000000	1,454,459	26 Nov 2021	Common Stock	7,457	$28.58	Direct
transaction	AXON	Employee Stock Option	Options Exercise	$0	-64,245	-4.4%	$0.000000	1,390,214	29 Nov 2021	Common Stock	64,245	$28.58	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Securities disposed represent securities sold to settle the reporting person's tax liability and exercise price. The remainder of the shares, with the exception of those reported on this Form 4, are subject to a 2.5 year holding period.
F2	The transaction was executed in multiple trades at prices ranging from $180.00 to $180.26. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	The transaction was executed in multiple trades at prices ranging from $180.00 to $180.15. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	The transaction was executed in multiple trades at prices ranging from $180.00 to $180.67. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.