Smith Mark Peter 4
4 · SMITH & WESSON BRANDS, INC. · Filed May 3, 2023
Insider Transaction Report
Form 4
Smith Mark Peter
See remarks.
Transactions
- Tax Payment
Common Stock
2023-05-01$12.08/sh−5,447$65,800→ 252,533 total - Award
Common Stock
2023-05-01+68,672→ 321,205 total - Award
Performance Rights
2023-05-01+206,016→ 206,016 totalExp: 2026-05-01→ Common Stock (206,016 underlying)
Footnotes (4)
- [F1]Represents shares of common stock withheld by the Issuer to satisfy certain withholding obligations associated with the vesting of restricted stock units.
- [F2]Includes 504 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2022 and 1,251 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2023.
- [F3]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.
- [F4]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 represents the maximum number of shares that may be delivered pursuant to the award.