PATRICK W. SMITH - 30 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
30 Aug 2024
Net transactions value
+$415,320
Form type
4
Filing time
04 Sep 2024, 17:51:17 UTC
Previous filing
27 Aug 2024
Next filing
02 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Options Exercise $38,502,510 +105,495 +3.6% $364.97 3,030,861 30 Aug 2024 Direct F1
transaction AXON Common Stock Sale $472,820 -1,308 -0.04% $361.48 3,029,553 30 Aug 2024 Direct F1, F2, F3
transaction AXON Common Stock Sale $2,374,253 -6,555 -0.22% $362.20 3,022,998 30 Aug 2024 Direct F1, F2, F4
transaction AXON Common Stock Sale $3,462,166 -9,530 -0.32% $363.29 3,013,468 30 Aug 2024 Direct F1, F2, F5
transaction AXON Common Stock Sale $4,511,537 -12,386 -0.41% $364.24 3,001,082 30 Aug 2024 Direct F1, F2, F6
transaction AXON Common Stock Sale $7,380,275 -20,221 -0.67% $364.98 2,980,861 30 Aug 2024 Direct F1, F2, F7
transaction AXON Common Stock Options Exercise $22,909,596 +64,505 +2.2% $355.16 3,045,366 03 Sep 2024 Direct F1
transaction AXON Common Stock Sale $10,021,259 -28,217 -0.93% $355.15 3,017,149 03 Sep 2024 Direct F1, F2, F8
transaction AXON Common Stock Sale $826,594 -2,322 -0.08% $355.98 3,014,827 03 Sep 2024 Direct F1, F2, F9
transaction AXON Common Stock Sale $6,488,159 -18,226 -0.6% $355.98 2,996,601 03 Sep 2024 Direct F1, F9, F10
transaction AXON Common Stock Sale $3,129,107 -8,766 -0.29% $356.96 2,987,835 03 Sep 2024 Direct F1, F10, F11
transaction AXON Common Stock Sale $1,888,251 -5,273 -0.18% $358.10 2,982,562 03 Sep 2024 Direct F1, F10, F12
transaction AXON Common Stock Sale $2,615,821 -7,289 -0.24% $358.87 2,975,273 03 Sep 2024 Direct F1, F10, F13
transaction AXON Common Stock Sale $747,170 -2,076 -0.07% $359.91 2,973,197 03 Sep 2024 Direct F1, F10, F14
transaction AXON Common Stock Sale $733,457 -2,031 -0.07% $361.13 2,971,166 03 Sep 2024 Direct F1, F10, F15
transaction AXON Common Stock Sale $290,160 -800 -0.03% $362.70 2,970,366 03 Sep 2024 Direct F1, F10
transaction AXON Common Stock Sale $5,062,395 -14,444 -0.49% $350.48 2,955,922 04 Sep 2024 Direct F1, F10, F16
transaction AXON Common Stock Sale $3,780,823 -10,758 -0.36% $351.44 2,945,164 04 Sep 2024 Direct F1, F10, F17
transaction AXON Common Stock Sale $1,015,939 -2,874 -0.1% $353.49 2,942,290 04 Sep 2024 Direct F1, F10, F18
transaction AXON Common Stock Sale $3,101,753 -8,753 -0.3% $354.36 2,933,537 04 Sep 2024 Direct F1, F10, F19
transaction AXON Common Stock Sale $2,874,065 -8,090 -0.28% $355.26 2,925,447 04 Sep 2024 Direct F1, F10, F20
transaction AXON Common Stock Sale $220,780 -620 -0.02% $356.10 2,924,827 04 Sep 2024 Direct F1, F10, F21

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 -105,495 -29% $0.000000 255,436 30 Aug 2024 Common Stock 105,495 $28.58 Direct F1
transaction AXON Employee Stock Option Options Exercise $0 -64,505 -25% $0.000000 190,931 03 Sep 2024 Common Stock 64,505 $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 trading plan adopted by the reporting person on May 24, 2024. 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 $360.74 to $361.73. 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 $361.74 to $362.73. 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 $362.76 to $363.75. 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 $363.76 to $364.75. 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 $364.76 to $365.28. 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 $354.48 to $355.475. 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 The transaction was executed in multiple trades at prices ranging from $355.48 to $356.47. 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.
F10 This sale of unrestricted shares was executed pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2024.
F11 The transaction was executed in multiple trades at prices ranging from $356.48 to $357.47. 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.
F12 The transaction was executed in multiple trades at prices ranging from $357.48 to $358.47. 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.
F13 The transaction was executed in multiple trades at prices ranging from $358.48 to $359.43. 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 $359.52 to $360.34. 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.
F15 The transaction was executed in multiple trades at prices ranging from $360.55 to $361.35. 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 $350.00 to $350.99. 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 $351.00 to $351.92. 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 $352.81 to $353.80. 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 $353.82 to $354.81. 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 $354.82 to $355.80. 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 $355.82 to $356.21. 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.