SEC Form 4 · accession 0001209191-16-131270
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
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 6:09 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 StockF1 | Jun 30, 2016 | M | 104,000 | — | A | 387,204 | D | |
| Common StockF2 | Jun 30, 2016 | F | 48,932 | $27.18 | D | 338,272 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1 | — | Jun 30, 2016 | M | 104,000 | D | — | Apr 26, 2016 | Common Stock | 104,000 | 0 | D |
Explanation of responses
- F1Each 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 of shares delivered is the maximum number of shares that may be delivered pursuant to the award.
- F2Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of performance rights.