Steven Paul Lawrence - Jan 30, 2025 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
CEO, Director
Signature
/s/ Gary Holland, Attorney-in-Fact
Stock symbol
ASO
Transactions as of
Jan 30, 2025
Transactions value $
-$69,665
Form type
4
Date filed
1/31/2025, 04:12 PM
Previous filing
Sep 10, 2024
Next filing
Mar 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Options Exercise +1.99K +1.38% 147K Jan 30, 2025 Direct F1
transaction ASO Common Stock Tax liability -$28.9K -536 -0.37% $53.97 146K Jan 30, 2025 Direct
transaction ASO Common Stock Options Exercise +3.06K +2.09% 149K Jan 31, 2025 Direct F1
transaction ASO Common Stock Tax liability -$40.7K -745 -0.5% $54.68 148K Jan 31, 2025 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 -1.99K -44.02% $0.00 2.53K Jan 30, 2025 Common Stock 1.99K Direct F1, F2, F3
transaction ASO Restricted Stock Units Options Exercise $0 -3.06K -100% $0.00 0 Jan 31, 2025 Common Stock 3.06K Direct F1, F2, F4
* 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.
F3 On March 30, 2022, the Reporting Person was granted 8,501 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. On March 1, 2023, the Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 7,961 PRSUs were deemed earned. Of this earned amount, 25% of the earned amount of this grant vested on March 1, 2023, and the remaining 75% will vest in three equal annual installments beginning on January 30, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The remaining unearned amount of this grant (i.e., 540 PRSUs) may vest upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions as of January 30, 2026.
F4 On March 31, 2021, the Reporting Person was granted 12,226 PRSUs. These PRSUs 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, 25% of this grant vested on March 2, 2022, and the remaining 75% vest in three equal annual installments beginning on January 31, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.