Michael E. Longo - Mar 22, 2024 Form 4 Insider Report for HIBBETT INC (HIBB)

Role
President and CEO, Director
Signature
/s/ Michael E. Longo
Stock symbol
HIBB
Transactions as of
Mar 22, 2024
Transactions value $
-$1,954,003
Form type
4
Date filed
3/22/2024, 03:38 PM
Previous filing
Mar 19, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIBB Common Stock Options Exercise $0 +5.26K +6.73% $0.00 83.4K Mar 22, 2024 Direct F1, F2
transaction HIBB Common Stock Tax liability -$149K -2.07K -2.48% $72.21 81.3K Mar 22, 2024 Direct
transaction HIBB Common Stock Options Exercise $0 +15.4K +18.92% $0.00 96.7K Mar 22, 2024 Direct F1
transaction HIBB Common Stock Tax liability -$314K -4.34K -4.49% $72.21 92.4K Mar 22, 2024 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 HIBB Restricted Stock Units Options Exercise -$380K -5.26K -100% $72.21 0 Mar 22, 2024 Common Stock 5.26K $0.00 Direct F3
transaction HIBB Restricted Stock Units Options Exercise -$1.11M -15.4K -100% $72.21 0 Mar 22, 2024 Common Stock 15.4K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU is the economic equivalent of one share of Issuer's common stock. The reporting person has settled the RSUs for stock.
F2 Shares trued up to reflect stock purchased through the Issuer's 2015 Employee Stock Purchase Plan since the last filing on Statement of Changes in Beneficial Ownership on Form 4.
F3 Service-based RSU award under Amended and Restated 2015 Equity Incentive Plan. Units convert to common stock on the third anniversary of the date of grant of March 22, 2021. These shares do not expire.
F4 Performance-based RSU award under Amended and Restated 2015 Equity Incentive Plan. Units convert to common stock on the third anniversary of the date of grant of March 22, 2021. These shares do not expire.