SMITH & WESSON BRANDS, INC. — Director's Dealing 2018

May 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN OUTDOOR BRANDS CORP (AOBC)
CIK: 0001092796
Period of Report: 2018-04-26

Reporting Person: Smith Mark Peter (See remarks.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-26	Common Stock	A	13000	$0.00	Acquired	64964	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-26	Performance Rights	$	A	28800	Acquired	2022-05-01	Common Stock (28800)	Direct

Footnotes

F1: One-quarter of the restricted stock units shall vest on each of the first, second, third, and fourth anniversaries of May 1, 2018. Shares, net of tax withholding, will be delivered on each anniversary of the applicable vesting date.

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.