SMITH & WESSON BRANDS, INC. — Director's Dealing 2011

Jul 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH & WESSON HOLDING CORP (SWHC)
CIK: 0001092796
Period of Report: 2011-07-12

Reporting Person: BUCHANAN JEFFREY D (Exec. VP, CFO & Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-12	Employee Stock Option (Right to Buy)	$3.57	A	34900	Acquired	2021-07-12	Common Stock (34900)	Direct
2011-07-12	Performance Rights	$	A	43200	Acquired	2014-07-12	Common Stock (43200)	Direct

Footnotes

F1: One-third of the total number of options granted shall vest and become exercisable on each of the first, second, and third anniversary of the date of grant.

F2: 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.