X0306 4 2020-11-02 0 0001092796 SMITH & WESSON BRANDS, INC. SWBI 0001309339 Golden Michael F 2100 ROOSEVELT AVENUE SPRINGFIELD MA 01104 1 0 0 0 Common Stock 2020-11-02 4 M 0 10000 2.15 A 284001 D Common Stock 2020-11-02 4 S 0 7756 17.0755 D 276245 D Common Stock 2020-11-02 4 S 0 2244 17.7058 D 274001 D Director Stock Option (Right to Buy) 2.15 2020-11-02 4 M 0 10000 0.00 D 2021-09-26 Common Stock 10000 0 D In connection with the August 24, 2020 distribution of all of the shares of American Outdoor Brands, Inc. common stock owned by Smith & Wesson Brands, Inc. (the "Company") to the stockholders of the Company (the "Distribution"), the exercise price of the options was adjusted from $2.65 to $2.15 to maintain, immediately following the consummation of the Distribution, the intrinsic value of the award immediately prior to the consummation of the Distribution. The shares were sold pursuant to a 10b5-1 Trading Plan dated September 11, 2020. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.56 to $17.55, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.65 to $17.76, 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. 1/12 of the total number of options granted vested and became exercisable each month following the date of grant. /s/ Robert J. Cicero, as attorney-in-fact 2020-11-03