KEN C. HICKS - 30 Sep 2022 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Signature
/s/ Gary Holland, Attorney-in-fact
Issuer symbol
ASO
Transactions as of
30 Sep 2022
Net transactions value
-$28,541
Form type
4
Filing time
30 Sep 2022, 16:32:01 UTC
Previous filing
02 Sep 2022
Next filing
31 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Options Exercise +1,273 +0.28% 456,960 30 Sep 2022 Direct F1
transaction ASO Common Stock Tax liability $28,541 -632 -0.14% $45.16 456,328 30 Sep 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASO Restricted Stock Units Options Exercise $0 -1,273 -3.4% $0.000000 35,666 30 Sep 2022 Common Stock 1,273 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").
F3 On March 31, 2021, the Reporting Person was granted 61,133 performance-based restricted stock units. These performance-based restricted stock units vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria during fiscal 2021 by the Issuer's compensation committee on March 2, 2022, 1/48 of the total performance-based restricted stock units granted will vest for every monthly anniversary since the Vesting Commencement Date (i.e., January 31, 2021), and thereafter on each monthly anniversary of the Vesting Commencement Date.