Samuel J. Johnson - Sep 13, 2022 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
EVP, Retail Operations
Signature
/s/ Gary Holland, Attorney-in-fact
Stock symbol
ASO
Transactions as of
Sep 13, 2022
Transactions value $
-$3,535,921
Form type
4
Date filed
9/14/2022, 05:09 PM
Previous filing
Apr 1, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Options Exercise $827K +47.8K +36.07% $17.30 180K Sep 13, 2022 Direct F1
transaction ASO Common Stock Options Exercise $639K +38.6K +21.39% $16.57 219K Sep 13, 2022 Direct
transaction ASO Common Stock Options Exercise $315K +19K +8.68% $16.57 238K Sep 13, 2022 Direct
transaction ASO Common Stock Options Exercise $111K +6.63K +2.78% $16.70 245K Sep 13, 2022 Direct
transaction ASO Common Stock Sale -$5.43M -112K -45.8% $48.46 133K Sep 13, 2022 Direct F2, F3

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 Stock Options (Right to Buy) Options Exercise $0 -47.8K -96.08% $0.00 1.95K Sep 13, 2022 Common Stock 47.8K $17.30 Direct F4
transaction ASO Stock Options (Right to Buy) Options Exercise $0 -38.6K -100% $0.00* 0 Sep 13, 2022 Common Stock 38.6K $16.57 Direct F4
transaction ASO Stock Options (Right to Buy) Options Exercise $0 -19K -100% $0.00* 0 Sep 13, 2022 Common Stock 19K $16.57 Direct F5
transaction ASO Stock Options (Right to Buy) Options Exercise $0 -6.63K -56.49% $0.00 5.1K Sep 13, 2022 Common Stock 6.63K $16.70 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
F2 Sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above and the sale of 100% of the net shares acquired from this exercise.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $48.26 to $48.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 These time-based options previously granted under the Issuer's 2011 Unit Incentive Plan, or the 2011 Equity Plan, are fully vested due to a Change of Control (as defined in the 2011 Equity Plan) that resulted from the Issuer's secondary public offering that closed on May 10, 2021.
F5 These performance-based options previously granted under the Issuer's 2011 Unit Incentive Plan, or the 2011 Equity Plan, are fully vested due to a Change of Control (as defined in the 2011 Equity Plan) that resulted from the Issuer's secondary public offering that closed on May 10, 2021.