Frank Pasillas - 02 Oct 2025 Form 4 Insider Report for BIG 5 SPORTING GOODS Corp (BGFV)

Role: Senior VP, Store Operations
Signature: /s/ Ian Landgreen, Attorney-in-Fact
Issuer symbol: BGFV
Transactions as of: 02 Oct 2025
Net transactions value: $0
Form type: 4
Filing time: 06 Oct 2025, 17:00:07 UTC
Previous filing: 17 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Pasillas Frank	Senior VP, Store Operations	C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO	/s/ Ian Landgreen, Attorney-in-Fact	06 Oct 2025	0002014554

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BGFV	Common Stock, par value $.01	Disposed to Issuer		-21,660	-100%		0	02 Oct 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Shares	Change %	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BGFV	Employee Stock Option (right to buy)	Disposed to Issuer	-625	-100%	02 Oct 2025	Common Stock	625	$6.20	Direct	F2
transaction	BGFV	Employee Stock Option (right to buy)	Disposed to Issuer	-10,000	-100%	02 Oct 2025	Common Stock	10,000	$4.80	Direct	F2
transaction	BGFV	Employee Stock Option (right to buy)	Disposed to Issuer	-1,250	-100%	02 Oct 2025	Common Stock	1,250	$4.07	Direct	F2
transaction	BGFV	Employee Stock Option (right to buy)	Disposed to Issuer	-2,100	-100%	02 Oct 2025	Common Stock	2,100	$2.23	Direct	F2
transaction	BGFV	Employee Stock Option (right to buy)	Disposed to Issuer	-15,600	-100%	02 Oct 2025	Common Stock	15,600	$1.18	Direct	F2

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

Frank Pasillas 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 terms of the Agreement and Plan of Merger, dated June 29, 2025 (the "Merger Agreement"), by and among the Issuer, Worldwide Sports Group Holdings LLC ("Parent"), WSG Merger LLC, a wholly owned subsidiary of Parent ("Merger Sub"), and, solely for purposes of Section 9.13 thereof, Worldwide Golf Group LLC ("Guarantor"), on October 2, 2025 (the "Effective Time"), each outstanding share of Common Stock of the Issuer was automatically converted into the right to receive $1.45 in cash, without interest (the "Merger Consideration") and each outstanding RSU that did not vest upon the occurrence of the Effective Time was automatically substituted and immediately converted into a cash award equal to the product of (i) the aggregate number of shares of Common Stock underlying such unvested RSU immediately prior to the Effective Time multiplied by (ii) the Merger Consideration, subject to the terms and conditions of the corresponding award.
F2	Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding option to purchase shares of Common Stock was automatically canceled and converted into the right to receive an amount in cash (without interest), if any, equal to (i) the product obtained by multiplying (x) the number of shares underlying such option, by (y) the excess, if any, of the Merger Consideration over the exercise price per share of such option, less (ii) any applicable withholding taxes.

Content

Pursuant to the terms of the Agreement and Plan of Merger, dated June 29, 2025 (the "Merger Agreement"), by and among the Issuer, Worldwide Sports Group Holdings LLC ("Parent"), WSG Merger LLC, a wholly owned subsidiary of Parent ("Merger Sub"), and, solely for purposes of Section 9.13 thereof, Worldwide Golf Group LLC ("Guarantor"), on October 2, 2025 (the "Effective Time"), each outstanding share of Common Stock of the Issuer was automatically converted into the right to receive $1.45 in cash, without interest (the "Merger Consideration") and each outstanding RSU that did not vest upon the occurrence of the Effective Time was automatically substituted and immediately converted into a cash award equal to the product of (i) the aggregate number of shares of Common Stock underlying such unvested RSU immediately prior to the Effective Time multiplied by (ii) the Merger Consideration, subject to the terms and conditions of the corresponding award.

Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding option to purchase shares of Common Stock was automatically canceled and converted into the right to receive an amount in cash (without interest), if any, equal to (i) the product obtained by multiplying (x) the number of shares underlying such option, by (y) the excess, if any, of the Merger Consideration over the exercise price per share of such option, less (ii) any applicable withholding taxes.