Cicero Robert J. 4
4 · SMITH & WESSON BRANDS, INC. · Filed May 4, 2021
Insider Transaction Report
Form 4
Cicero Robert J.
See Remarks
Transactions
- Award
Common Stock
2021-05-03+6,963→ 68,331 total - Tax Payment
Common Stock
2021-05-01$17.40/sh−452$7,865→ 64,802 total - Tax Payment
Common Stock
2021-05-01$18.67/sh−3,434$64,113→ 61,368 total - Award
Performance Rights
2021-05-03+20,888→ 20,888 totalExp: 2024-05-03→ Common Stock (20,888 underlying)
Footnotes (3)
- [F1]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
- [F2]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.
- [F3]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, 2024. 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.