Steven Paul Lawrence - 25 Mar 2025 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
CEO, Director
Signature
/s/ Gary Holland, Attorney-in-Fact
Issuer symbol
ASO
Transactions as of
25 Mar 2025
Transactions value $
-$325,745
Form type
4
Filing time
26 Mar 2025, 17:51:47 UTC
Previous filing
21 Mar 2025
Next filing
09 Jun 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 +16.5K +11.06% 166K 26 Mar 2025 Direct F1
transaction ASO Common Stock Tax liability -$326K -6.51K -3.92% $50.03 160K 26 Mar 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 -16.5K -33.33% $0.00 33.1K 26 Mar 2025 Common Stock 16.5K Direct F2, F3, F4
transaction ASO Restricted Stock Units Award $0 +70K $0.00 70K 25 Mar 2025 Common Stock 70K Direct F2, F3, F5
transaction ASO Restricted Stock Units Award $0 +70K $0.00 70K 25 Mar 2025 Common Stock 70K Direct F2, F3, F6
* 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 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
F4 On March 26, 2024, subject to the Reporting Person's continued service, the Reporting Person was granted 49,633 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
F5 On March 25, 2025, subject to the Reporting Person's continued service, the Reporting Person was granted 69,958 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
F6 On March 25, 2025, the Reporting Person was granted 69,958 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain preestablished performance metrics related to the Company's (i) adjusted pre-tax income, and (ii) return on invested capital over a 3-year period beginning on February 2, 2025 and ending on January 29, 2028, are achieved and certified by the Issuer's compensation committee (which, if any, may vary from 0% to 200% of the number shown above), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.