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SMITH & WESSON BRANDS, INC. — Director's Dealing 2018
Aug 10, 2018
33129_dirs_2018-08-09_a37a11d6-c143-4756-99d7-1c3c404bc1ca.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: AMERICAN OUTDOOR BRANDS CORP (AOBC)
CIK: 0001092796
Period of Report: 2018-08-09
Reporting Person: Murphy Brian Daniel (See remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40011 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Rights | $ | 2021-05-01 | Common Stock (9800) | Direct | |
| Performance Rights | $ | 2022-05-01 | Common Stock (28800) | Direct |
Footnotes
F1: Includes (i) 22,925 shares underlying restricted stock units ("RSUs"), 25% of which vested or shall vest on each of the first, second, third, and fourth anniversaries of the 12/19/2016 date of grant; (ii) 4,400 shares underlying RSUs, 25% of which vested or shall vest on each of the first, second, third, and fourth anniversaries of the 4/27/2017 date of grant; and (iii) 13,000 shares underlying RSUs, 25% of which shall vest on each of the first, second, third, and fourth anniversaries of the 4/26/2018 date of grant. 314 of the shares underlying vested RSUs were previously withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of RSUs.
F2: Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on stock performance over a three-year performance period, and shares, net of tax withholding, will be delivered on the first anniversary of the vesting date. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares.