Steven Paul Lawrence - Mar 2, 2022 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
EVP & CMO
Signature
/s/ Gary Holland, Attorney-in-fact
Stock symbol
ASO
Transactions as of
Mar 2, 2022
Transactions value $
-$22,558
Form type
4
Date filed
3/4/2022, 04:48 PM
Previous filing
Nov 19, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Options Exercise +3.06K +2.73% 115K Mar 2, 2022 Direct F1, F2
transaction ASO Common Stock Tax liability -$22.6K -736 -0.64% $30.65 114K Mar 2, 2022 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 ASO Restricted Stock Units Options Exercise $0 -3.06K -25% $0.00 9.17K Mar 2, 2022 Common Stock 3.06K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
F3 On March 31, 2021, the Reporting Person was granted 12,226 performance-based restricted stock units. These performance-based restricted stock units vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria during fiscal 2021 by the Issuer's compensation committee on March 2, 2022, 25% of this grant vested on March 2, 2022, and the remaining 75% will vest in three equal annual installments beginning on January 31, 2023.