PATRICK W. SMITH - 23 Aug 2024 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Patrick W. Smith by Isaiah Fields, Attorney-in-Fact
Issuer symbol
AXON
Transactions as of
23 Aug 2024
Net transactions value
+$565,763
Form type
4
Filing time
27 Aug 2024, 17:26:33 UTC
Previous filing
20 Dec 2023
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Options Exercise $63,019,000 +170,000 +5.8% $370.70 3,095,666 23 Aug 2024 Direct F1
transaction AXON Common Stock Sale $2,423,550 -6,544 -0.21% $370.35 3,089,122 23 Aug 2024 Direct F1, F2, F3
transaction AXON Common Stock Sale $15,774,835 -42,529 -1.4% $370.92 3,046,593 23 Aug 2024 Direct F1, F2, F4
transaction AXON Common Stock Sale $3,131,775 -8,417 -0.28% $372.08 3,038,176 23 Aug 2024 Direct F1, F2, F5
transaction AXON Common Stock Sale $4,591,549 -12,308 -0.41% $373.05 3,025,868 23 Aug 2024 Direct F1, F2, F6
transaction AXON Common Stock Sale $2,683,324 -7,174 -0.24% $374.03 3,018,694 23 Aug 2024 Direct F1, F2, F7
transaction AXON Common Stock Sale $911,120 -2,428 -0.08% $375.26 3,016,266 23 Aug 2024 Direct F1, F2, F8
transaction AXON Common Stock Sale $338,121 -900 -0.03% $375.69 3,015,366 23 Aug 2024 Direct F1, F2
transaction AXON Common Stock Sale $215,293 -600 -0.02% $358.82 3,014,766 26 Aug 2024 Direct F1, F9, F10
transaction AXON Common Stock Sale $6,301,492 -17,507 -0.58% $359.94 2,997,259 26 Aug 2024 Direct F1, F9, F11
transaction AXON Common Stock Sale $10,526,513 -29,192 -0.97% $360.60 2,968,067 26 Aug 2024 Direct F1, F9, F12
transaction AXON Common Stock Sale $2,220,311 -6,139 -0.21% $361.67 2,961,928 26 Aug 2024 Direct F1, F9, F13
transaction AXON Common Stock Sale $273,908 -755 -0.03% $362.79 2,961,173 26 Aug 2024 Direct F1, F9, F14
transaction AXON Common Stock Sale $200,197 -550 -0.02% $363.99 2,960,623 26 Aug 2024 Direct F1, F9, F15
transaction AXON Common Stock Sale $399,692 -1,095 -0.04% $365.02 2,959,528 26 Aug 2024 Direct F1, F9, F16
transaction AXON Common Stock Sale $730,649 -1,998 -0.07% $365.69 2,957,530 26 Aug 2024 Direct F1, F9, F17
transaction AXON Common Stock Sale $458,007 -1,248 -0.04% $366.99 2,956,282 26 Aug 2024 Direct F1, F9, F18
transaction AXON Common Stock Sale $940,569 -2,555 -0.09% $368.13 2,953,727 26 Aug 2024 Direct F1, F9, F19
transaction AXON Common Stock Sale $2,425,599 -6,571 -0.22% $369.14 2,947,156 26 Aug 2024 Direct F1, F9, F20
transaction AXON Common Stock Sale $477,266 -1,290 -0.04% $369.97 2,945,866 26 Aug 2024 Direct F1, F9, F21
transaction AXON Common Stock Sale $185,320 -500 -0.02% $370.64 2,945,366 26 Aug 2024 Direct F1, F9
transaction AXON Common Stock Sale $286,776 -800 -0.03% $358.47 2,944,566 27 Aug 2024 Direct F1, F9, F22
transaction AXON Common Stock Sale $410,026 -1,140 -0.04% $359.67 2,943,426 27 Aug 2024 Direct F1, F9, F23
transaction AXON Common Stock Sale $1,136,945 -3,152 -0.11% $360.71 2,940,274 27 Aug 2024 Direct F1, F9, F24
transaction AXON Common Stock Sale $1,052,595 -2,910 -0.1% $361.72 2,937,364 27 Aug 2024 Direct F1, F9, F25
transaction AXON Common Stock Sale $2,998,928 -8,262 -0.28% $362.98 2,929,102 27 Aug 2024 Direct F1, F9, F26
transaction AXON Common Stock Sale $1,322,434 -3,636 -0.12% $363.71 2,925,466 27 Aug 2024 Direct F1, F9, F27
transaction AXON Common Stock Sale $36,443 -100 -0% $364.43 2,925,366 27 Aug 2024 Direct F1, F9

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 -443 -0.08% $0.000000 530,488 23 Aug 2024 Common Stock 443 $28.58 Direct F1
transaction AXON Employee Stock Option Options Exercise $0 -169,557 -32% $0.000000 360,931 23 Aug 2024 Common Stock 169,557 $28.58 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24,2024.
F2 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.
F3 The transaction was executed in multiple trades at prices ranging from $369.59 to $370.58. 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 $370.59 to $371.58. 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 $371.60 to $372.59. 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 $372.60 to $373.59. 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 $373.60 to $374.58. 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 $374.61 to $375.47. 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.
F9 This sale of unrestricted shares was executed pursuant to a filed Rule 10b5-1 plan.
F10 The transaction was executed in multiple trades at prices ranging from $358.19 to $359.00. 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.
F11 The transaction was executed in multiple trades at prices ranging from $359.26 to $360.25. 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.
F12 The transaction was executed in multiple trades at prices ranging from $360.26 to $361.25. 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.
F13 The transaction was executed in multiple trades at prices ranging from $361.26 to $362.24. 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.
F14 The transaction was executed in multiple trades at prices ranging from $362.48 to $363.46. 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.
F15 The transaction was executed in multiple trades at prices ranging from $363.48 to $364.47. 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.
F16 The transaction was executed in multiple trades at prices ranging from $364.50 to $365.48. 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.
F17 The transaction was executed in multiple trades at prices ranging from $365.51 to $366.45. 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.
F18 The transaction was executed in multiple trades at prices ranging from $366.56 to $367.53. 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.
F19 The transaction was executed in multiple trades at prices ranging from $367.56 to $368.52. 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.
F20 The transaction was executed in multiple trades at prices ranging from $368.57 to $369.51. 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.
F21 The transaction was executed in multiple trades at prices ranging from $369.59 to $370.05. 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.
F22 The transaction was executed in multiple trades at prices ranging from $358.17 to $359.02. 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.
F23 The transaction was executed in multiple trades at prices ranging from $359.21 to $360.20. 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.
F24 The transaction was executed in multiple trades at prices ranging from $360.27 to $361.23. 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.
F25 The transaction was executed in multiple trades at prices ranging from $361.28 to $362.25. 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.
F26 The transaction was executed in multiple trades at prices ranging from $362.35 to $363.34. 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.
F27 The transaction was executed in multiple trades at prices ranging from $363.37 to $364.22. 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.