SEC Form 4 · accession 0001209191-16-107435
SMITH & WESSON BRANDS, INC. · SWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J. Cicero
Officer — See Remarks
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 5:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 7, 2016 | M | 100 | $2.95 | A | 54,047 | D | |
| Common StockF2 | Mar 7, 2016 | S | 5,117 | $25.8885 | D | 48,930 | D | |
| Common StockF3 | Mar 7, 2016 | S | 600 | $26.565 | D | 48,330 | D | |
| Common Stock | Mar 8, 2016 | M | 9,900 | $2.95 | A | 58,230 | D | |
| Common Stock | Mar 8, 2016 | S | 9,900 | $26.81 | D | 48,330 | D | |
| Common Stock | Mar 9, 2016 | S | 12,975 | $27.78 | D | 35,355 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $2.95 | Mar 7, 2016 | M | 100 | D | — | Oct 31, 2021 | Common Stock | 100 | 29,900 | D |
| Employee Stock Option (Right to Buy)F4 | $2.95 | Mar 8, 2016 | M | 9,900 | D | — | Oct 31, 2021 | Common Stock | 9,900 | 20,000 | D |
Explanation of responses
- F1The shares were sold pursuant to a 10b5-1 Trading Plan dated December 16, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.44 to $26.31, inclusive. The reporting person undertakes to provide to Smith & Wesson Holding Corporation (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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.33 to $27.00, 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.
- F4One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the October 31, 2011 date of grant.
Remarks
The Reporting Person is the Vice President, General Counsel, Chief Compliance Officer, and Secretary.