Ramesh Chikkala - Jul 25, 2024 Form 4 Insider Report for HIBBETT INC (HIBB)

Role
Director
Signature
/s/ Ramesh Chikkala
Stock symbol
HIBB
Transactions as of
Jul 25, 2024
Transactions value $
-$144,200
Form type
4
Date filed
7/25/2024, 03:22 PM
Previous filing
Jul 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIBB Common Stock Disposed to Issuer -$144K -1.65K -100% $87.50 0 Jul 25, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ramesh Chikkala is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of April 23, 2024 (the Merger Agreement), by and among Hibbett, Inc., a Delaware corporation (the Company), Genesis Holdings, Inc., an Indiana corporation (Parent), Steps Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent (Merger Sub) and, solely for purposes of certain provisions specified therein, JD Sports Fashion plc, a company incorporated under the laws of England and Wales and the ultimate parent company of Parent and Merger Sub, each share of common stock, par value $0.01 per share, of the Company (Company Common Stock) was converted into the right to receive $87.50 in cash, without interest.