Ramesh Chikkala - Jul 3, 2022 Form 4 Insider Report for HIBBETT INC (HIBB)

Role: Director
Signature: /s/ Elaine V. Rodgers, Attorney-in-Fact
Stock symbol: HIBB
Transactions as of: Jul 3, 2022
Transactions value $: $75,001
Form type: 4
Date filed: 7/5/2022, 01:57 PM
Previous filing: Jun 1, 2022
Next filing: Apr 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIBB	Common Stock	Award	$75K	+1.67K		$44.83	1.67K	Jul 3, 2022	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, Inc. Amended and Restated 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 directors are subject to a one-year restricted period. The Reporting Person has elected to receive the shares on the award's one-year anniversary.
F2	The Company uses the closing stock price on the business day immediately preceding the date of grant to determine the number of shares to award. This grant was calculated using the closing stock price on July 1, 2022, of $44.83.

Content

Award made pursuant to provisions of the Hibbett, Inc. Amended and Restated 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 directors are subject to a one-year restricted period. The Reporting Person has elected to receive the shares on the award's one-year anniversary.

The Company uses the closing stock price on the business day immediately preceding the date of grant to determine the number of shares to award. This grant was calculated using the closing stock price on July 1, 2022, of $44.83.