SEC Form 4 · accession 0001209191-16-107438

SMITH & WESSON BRANDS, INC. · SWBI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

P. James Debney

Officer — President and CEO · Director

Period of report

Mar 7, 2016

Accepted (ET)

Mar 9, 2016 · 5:56 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
Common Stock	Mar 7, 2016	M	25,000	$3.92	A	287,196	D
Common Stock	Mar 7, 2016	M	11,428	$3.57	A	298,624	D
Common Stock	Mar 7, 2016	M	25,000	$3.57	A	323,624	D
Common Stock	Mar 7, 2016	M	41,200	$8.89	A	364,824	D
Common Stock^F2	Mar 7, 2016	S	102,128	$26.1833	D	262,696	D
Common Stock^F3	Mar 7, 2016	S	500	$26.968	D	262,196	D
Common Stock	Mar 8, 2016	M	13,572	$3.57	A	275,768	D
Common Stock	Mar 8, 2016	M	92,133	$8.89	A	367,901	D
Common Stock^F4	Mar 8, 2016	S	105,705	$26.0807	D	262,196	D
Common Stock	Mar 9, 2016	M	100,000	$4.56	A	362,196	D
Common Stock	Mar 9, 2016	S	100,000	$27.45	D	262,196	D
Common Stock	Mar 9, 2016	S	24,731	$28.10	D	237,465	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)^F5	$3.92	Mar 7, 2016	M	25,000	D	—	Aug 2, 2020	Common Stock	25,000	0	D
Employee Stock Option (Right to Buy)^F6	$3.57	Mar 7, 2016	M	11,428	D	—	Jul 12, 2021	Common Stock	11,428	13,572	D
Employee Stock Option (Right to Buy)^F7	$3.57	Mar 7, 2016	M	25,000	D	—	Jul 12, 2021	Common Stock	25,000	0	D
Employee Stock Option (Right to Buy)^F8	$8.89	Mar 7, 2016	M	41,200	D	—	Sep 26, 2021	Common Stock	41,200	158,800	D
Employee Stock Option (Right to Buy)^F6	$3.57	Mar 8, 2016	M	13,572	D	—	Jul 12, 2021	Common Stock	13,572	0	D
Employee Stock Option (Right to Buy)^F8	$8.89	Mar 8, 2016	M	92,133	D	—	Sep 26, 2021	Common Stock	92,133	66,667	D
Employee Stock Option (Right to Buy)^F9	$4.56	Mar 9, 2016	M	100,000	D	—	Nov 9, 2019	Common Stock	100,000	0	D

Explanation of responses

F1The shares were sold pursuant to a 10b5-1 Trading Plan dated December 17, 2015.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.95 to $26.90, 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 range 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 $26.96 to $26.98, 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 range set forth in this footnote.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.95 to $26.10, 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 range set forth in this footnote.
F5One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the August 2, 2010 date of grant.
F6The total number of options granted vested and became exercisable on the first anniversary of the July 12, 2011 date of grant.
F7One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the July 12, 2011 date of grant.
F8One-third of the total number of options granted vested and became exercisable on the April 10, 2013 date of grant and one-third of the total number of options granted vested and became exercisable on each of September 26, 2013 and September 26, 2014.
F9One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the November 9, 2009 date of grant.