Patrick W. Smith - 20 Jan 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Patrick W. Smith, by Isaiah Fields, Attorney-in-Fact
Issuer symbol
AXON
Transactions as of
20 Jan 2023
Net transactions value
+$130,068,046
Form type
4
Filing time
24 Jan 2023, 19:19:16 UTC
Previous filing
19 Jan 2023
Next filing
27 Jan 2023
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 $9,669,330 +52,261 +2.3% $185.02 2,331,831 20 Jan 2023 Direct
transaction AXON Common Stock Sale $4,712,942 -25,442 -1.1% $185.24 2,306,389 20 Jan 2023 Direct F1, F2
transaction AXON Common Stock Sale $1,178,143 -6,360 -0.28% $185.24 2,300,029 20 Jan 2023 Direct F2, F3
transaction AXON Common Stock Options Exercise $83,944,061 +444,266 +19% $188.95 2,744,295 23 Jan 2023 Direct
transaction AXON Common Stock Sale $40,835,992 +214,732 +9.3% $190.17 2,529,563 23 Jan 2023 Direct F1
transaction AXON Common Stock Sale $10,208,998 -53,683 -2.1% $190.17 2,475,880 23 Jan 2023 Direct F3
transaction AXON Common Stock Options Exercise $29,745,138 +157,415 +6.4% $188.96 2,633,295 24 Jan 2023 Direct
transaction AXON Common Stock Sale $724,926 -3,900 -0.15% $185.88 2,629,395 24 Jan 2023 Direct F1, F4
transaction AXON Common Stock Sale $1,250,988 -6,695 -0.25% $186.85 2,622,700 24 Jan 2023 Direct F1, F5
transaction AXON Common Stock Sale $2,198,124 -11,703 -0.45% $187.83 2,610,997 24 Jan 2023 Direct F1, F6
transaction AXON Common Stock Sale $10,237,428 -54,183 -2.1% $188.94 2,556,814 24 Jan 2023 Direct F1, F7
transaction AXON Common Stock Sale $2,785,190 -14,741 -0.58% $188.94 2,542,073 24 Jan 2023 Direct F3, F7
transaction AXON Common Stock Sale $829,736 -4,379 -0.17% $189.48 2,537,694 24 Jan 2023 Direct F3, F8

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 -52,261 -4.4% $0.000000 1,144,598 20 Jan 2023 Common Stock 52,261 $28.58 Direct
transaction AXON Employee Stock Option Options Exercise $0 -83,622 -7.3% $0.000000 1,060,976 23 Jan 2023 Common Stock 83,622 $28.58 Direct
transaction AXON Employee Stock Option Options Exercise $0 -360,644 -34% $0.000000 700,332 23 Jan 2023 Common Stock 360,644 $28.58 Direct
transaction AXON Employee Stock Option Options Exercise $0 -157,415 -22% $0.000000 542,917 24 Jan 2023 Common Stock 157,415 $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 pursuant to a filed Rule 10b5-1 plan. 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 $185.00 to $185.65. 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 This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 plan.
F4 The transaction was executed in multiple trades at prices ranging from $185.25 to $186.18. 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.
F5 The transaction was executed in multiple trades at prices ranging from $186.30 to $187.26. 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.
F6 The transaction was executed in multiple trades at prices ranging from $187.34 to $188.33. 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.
F7 The transaction was executed in multiple trades at prices ranging from $188.34 to $189.33 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.
F8 The transaction was executed in multiple trades at prices ranging from $189.34 to $189.70. 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.