Linda Hubbard - Jul 5, 2021 Form 4 Insider Report for HIBBETT INC (HIBB)

Role: Director
Signature: Elaine V. Rodgers, Attorney-in-Fact
Stock symbol: HIBB
Transactions as of: Jul 5, 2021
Transactions value $: $74,955
Form type: 4
Date filed: 7/6/2021, 10:18 AM
Previous filing: Jul 1, 2021
Next filing: Oct 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIBB	Common Stock	Award	$75K	+790	+523.18%	$94.88	941	Jul 5, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award made pursuant to provisions of the Hibbett Sports, Inc. 2012 Non-Employee Director Equity Plan for the initial equity award to a newly appointed director. Newly appointed members of the Company's Board of Directors are awarded an initial equity grant valued at $75,000 one month after the attendance of their first meeting. Initial awards to the Company's Board of Directors are subject to a one-year restricted period; however, the Reporting Person's election is beyond the one-year anniversary of the award. The Reporting Person has elected to receive the shares equally in five (5) annual installments beginning January 1, 2026.
F2	The Company uses the closing stock price on the business day immediately preceding the date of grant. This grant was calculated using the closing stock price on July 2, 2021 of $94.88.

Content

Award made pursuant to provisions of the Hibbett Sports, Inc. 2012 Non-Employee Director Equity Plan for the initial equity award to a newly appointed director. Newly appointed members of the Company's Board of Directors are awarded an initial equity grant valued at $75,000 one month after the attendance of their first meeting. Initial awards to the Company's Board of Directors are subject to a one-year restricted period; however, the Reporting Person's election is beyond the one-year anniversary of the award. The Reporting Person has elected to receive the shares equally in five (5) annual installments beginning January 1, 2026.

The Company uses the closing stock price on the business day immediately preceding the date of grant. This grant was calculated using the closing stock price on July 2, 2021 of $94.88.