SMITH & WESSON BRANDS, INC. — Director's Dealing 2015

Dec 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH & WESSON HOLDING CORP (SWHC)
CIK: 0001092796
Period of Report: 2015-12-11

Reporting Person: BUCHANAN JEFFREY D (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-11	Common Stock	M	5000	$12.88	Acquired	106574	Direct
2015-12-11	Common Stock	M	5000	$4.44	Acquired	111574	Direct
2015-12-11	Common Stock	M	5000	$5.79	Acquired	116574	Direct
2015-12-11	Common Stock	M	5000	$3.69	Acquired	121574	Direct
2015-12-11	Common Stock	S	20000	$22.8588	Disposed	101574	Direct
2015-12-11	Common Stock	S	3000	$22.7448	Disposed	98574	Direct
2015-12-11	Common Stock	M	50000	$3.73	Acquired	148574	Direct
2015-12-11	Common Stock	M	17806	$3.57	Acquired	166380	Direct
2015-12-11	Common Stock	S	67406	$22.882	Disposed	98974	Direct
2015-12-11	Common Stock	S	400	$23.4088	Disposed	98574	Direct
2015-12-11	Common Stock	M	21601	$7.98	Acquired	120175	Direct
2015-12-11	Common Stock	S	21601	$23.0505	Disposed	98574	Direct
2015-12-15	Common Stock	M	6274	$3.73	Acquired	104848	Direct
2015-12-15	Common Stock	S	6274	$23.95	Disposed	98574	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-11	Director Stock Option (Right to Buy)	$12.88	M	5000	Disposed	2016-09-18	Common Stock (5000)	Direct
2015-12-11	Director Stock Option (Right to Buy)	$4.44	M	5000	Disposed	2018-09-15	Common Stock (5000)	Direct
2015-12-11	Director Stock Option (Right to Buy)	$5.79	M	5000	Disposed	2019-09-14	Common Stock (5000)	Direct
2015-12-11	Director Stock Option (Right to Buy)	$3.69	M	5000	Disposed	2020-09-27	Common Stock (5000)	Direct
2015-12-11	Employee Stock Option (Right to Buy)	$3.73	M	50000	Disposed	2021-01-03	Common Stock (50000)	Direct
2015-12-11	Employee Stock Option (Right to Buy)	$3.57	M	17806	Disposed	2021-07-12	Common Stock (17806)	Direct
2015-12-11	Employee Stock Option (Right to Buy)	$7.98	M	21601	Disposed	2022-04-24	Common Stock (21601)	Direct
2015-12-15	Employee Stock Option (Right to Buy)	$3.73	M	6274	Disposed	2021-01-03	Common Stock (6274)	Direct

Footnotes

F1: Includes 1,129 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2015.

F2: The shares were sold pursuant to a 10b5-1 Trading Plan dated September 24, 2015.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.40 to $23.30, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.46 to $23.00, 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 range set forth in this footnote.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.40 to $23.39, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.40 to $23.42, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.95 to $23.17, 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.

F8: 1/12th of the total number of options granted vested and became exercisable each month after the September 18, 2006 date of grant.

F9: 1/12th of the total number of options granted vested and became exercisable each month after the September 15, 2008 date of grant.

F10: 1/12th of the total number of options granted vested and became exercisable each month after the September 14, 2009 date of grant.

F11: 1/12th of the total number of options granted vested and became exercisable each month after the September 27, 2010 date of grant.

F12: One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the January 3, 2011 date of grant.

F13: One-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.

F14: One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the April 24, 2012 date of grant.