Rene G. Casares - Mar 30, 2022 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
SVP, General Counsel
Signature
/s/ Gary Holland, Attorney-in-fact
Stock symbol
ASO
Transactions as of
Mar 30, 2022
Transactions value $
$0
Form type
4
Date filed
4/1/2022, 05:59 PM
Previous filing
Mar 4, 2022
Next filing
Oct 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ASO Common Stock 81.5K Mar 30, 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 Award $0 +5.1K $0.00 5.1K Mar 30, 2022 Common Stock 5.1K Direct F1, F2, F3
transaction ASO Stock Options (Right to Buy) Award $0 +24.4K $0.00 24.4K Mar 30, 2022 Common Stock 24.4K $39.17 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Company's 2020 Omnibus Incentive Plan.
F2 Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
F3 On March 30, 2022, the Reporting Person was granted 5,100 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. The number of shares of Common Stock that the Reporting Person may be entitled to receive upon vesting, if any, may vary from 0% to 100% of the number shown above based on the Issuer's achievement of certain performance criteria for fiscal 2022, and will vest in four equal annual installments beginning on the date of certification by the Issuer's compensation committee and thereafter on or after the second, third and fourth anniversaries of the Vesting Commencement Date (i.e., January 30, 2022), or upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions as of the fourth anniversary of the Vesting Commencement Date.
F4 These time-based options vest in four equal installments beginning on first anniversary of the grant date.