Form 4 for SWBI SMITH & WESSON BRANDS, INC.
Accepted 2022-05-03 00:00:00 ET · period of report 2022-05-01 · accession 0001209191-22-026943 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-05-03 | 2022-05-01 | SWBI | Smith Mark Peter | See remarks, Dir | F - Tax | $14.17 | -14.1K | 219.8K | -6% | -$199.2K |
| D | 2022-05-03 | 2022-05-01 | SWBI | Smith Mark Peter | See remarks, Dir | M - OptEx | — | +27.9K | 233.8K | +14% | — |
| D | 2022-05-03 | 2022-05-02 | SWBI | Smith Mark Peter | See remarks, Dir | A - Grant | $0.00 | +41.8K | 261.6K | +19% | $0 |
| D | 2022-05-03 | 2022-05-02 | SWBI | Smith Mark Peter | See remarks, Dir | A - Grant | $0.00 | +125.5K | 125.5K | New | $0 |
| D | 2022-05-03 | 2022-05-01 | SWBI | Smith Mark Peter | See remarks, Dir | M - OptEx | — | +27.9K | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-01 | F | D | 13,478 | $14.19 | 220,367 | D | — | — | (F3) Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units and performance stock units. |
| 2 | Common | Common Stock | 2022-05-01 | M | A | 27,860 | — | 233,845 | D | — | — | (F1) Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three-year performance period. The number of shares delivered is less than the maximum number of shares that may be delivered pursuant to the award. (F2) Includes 910 shares and 823 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2021 and March 31, 2022, respectively. |
| 3 | Common | Common Stock | 2022-05-02 | A | A | 41,834 | $0.00 | 261,620 | D | — | — | (F4) One-quarter of the restricted stock units shall vest on each of the first, second, third, and fourth anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date. |
| 4 | Common | Common Stock | 2022-05-01 | F | D | 581 | $13.73 | 219,786 | D | — | — | (F3) Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units and performance stock units. |
| 5 | Derivative | Performance Rights | 2022-05-02 | A | A | 125,500 | $0.00 | 125,500 | D | — · — to 2025-05-02 | 125,500 Common Stock | (F5) Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on stock performance over a three-year performance period, and shares, net of tax withholding, will be delivered on June 30, 2025. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares. |
| 6 | Derivative | Performance Rights | 2022-05-01 | M | A | 27,860 | — | 0 | D | — · — to 2022-05-01 | 27,860 Common Stock | (F1) Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three-year performance period. The number of shares delivered is less than the maximum number of shares that may be delivered pursuant to the award. |