4//SEC Filing
Golden Michael F 4
Accession 0001209191-20-056696
CIK 0001092796other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 5:16 PM ET
Size
12.0 KB
Accession
0001209191-20-056696
Insider Transaction Report
Form 4
Golden Michael F
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2020-11-02$2.15/sh+10,000$21,500→ 284,001 total - Sale
Common Stock
2020-11-02$17.08/sh−7,756$132,438→ 276,245 total - Sale
Common Stock
2020-11-02$17.71/sh−2,244$39,732→ 274,001 total - Exercise/Conversion
Director Stock Option (Right to Buy)
2020-11-02−10,000→ 0 totalExercise: $2.15Exp: 2021-09-26→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]In connection with the August 24, 2020 distribution of all of the shares of American Outdoor Brands, Inc. common stock owned by Smith & Wesson Brands, Inc. (the "Company") to the stockholders of the Company (the "Distribution"), the exercise price of the options was adjusted from $2.65 to $2.15 to maintain, immediately following the consummation of the Distribution, the intrinsic value of the award immediately prior to the consummation of the Distribution.
- [F2]The shares were sold pursuant to a 10b5-1 Trading Plan dated September 11, 2020.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.56 to $17.55, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.65 to $17.76, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]1/12 of the total number of options granted vested and became exercisable each month following the date of grant.
Documents
Issuer
SMITH & WESSON BRANDS, INC.
CIK 0001092796
Entity typeother
Related Parties
1- filerCIK 0001309339
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 5:16 PM ET
- Size
- 12.0 KB