SMITH & WESSON BRANDS, INC. — Director's Dealing 2016

Mar 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH & WESSON HOLDING CORP (SWHC)
CIK: 0001092796
Period of Report: 2016-03-07

Reporting Person: Cicero Robert J. (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-07	Common Stock	M	100	$2.95	Acquired	54047	Direct
2016-03-07	Common Stock	S	5117	$25.8885	Disposed	48930	Direct
2016-03-07	Common Stock	S	600	$26.565	Disposed	48330	Direct
2016-03-08	Common Stock	M	9900	$2.95	Acquired	58230	Direct
2016-03-08	Common Stock	S	9900	$26.81	Disposed	48330	Direct
2016-03-09	Common Stock	S	12975	$27.78	Disposed	35355	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-07	Employee Stock Option (Right to Buy)	$2.95	M	100	Disposed	2021-10-31	Common Stock (100)	Direct
2016-03-08	Employee Stock Option (Right to Buy)	$2.95	M	9900	Disposed	2021-10-31	Common Stock (9900)	Direct

Footnotes

F1: The shares were sold pursuant to a 10b5-1 Trading Plan dated December 16, 2016.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.44 to $26.31, 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 ranges set forth in this footnote.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.33 to $27.00, 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 ranges set forth in this footnote.

F4: One-third of the total number of options granted vested and became exercisable on each of the first, second, and third anniversary of the October 31, 2011 date of grant.