SEC Form 4 · accession 0001209191-16-109534
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 17, 2016
Accepted (ET)
Mar 18, 2016 · 5:27 pm EDT
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 17, 2016 | M | 250,000 | $2.65 | A | 487,465 | D | |
| Common Stock | Mar 17, 2016 | S | 250,000 | $29.15 | 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)F2 | $2.65 | Mar 17, 2016 | M | 250,000 | D | — | Sep 26, 2021 | Common Stock | 250,000 | 0 | D |
Explanation of responses
- F1The shares were sold pursuant to a 10b5-1 Trading Plan dated December 17, 2015.
- F2One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the September 26, 2011 date of grant.