William S. Ennis - Jan 31, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
SVP & CHRO
Signature
/s/ Gary Holland, Attorney-in-fact
Stock symbol
ASO
Transactions as of
Jan 31, 2023
Transactions value $
-$30,899
Form type
4
Date filed
2/1/2023, 03:41 PM
Previous filing
Nov 28, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Options Exercise +1.83K +5.35% 36.1K Jan 31, 2023 Direct F1
transaction ASO Common Stock Tax liability -$30.9K -544 -1.51% $56.80 35.6K Jan 31, 2023 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 -1.83K -33.33% $0.00 3.67K Jan 31, 2023 Common Stock 1.83K Direct F1, F2, 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 Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").
F3 On March 31, 2021, the Reporting Person was granted 7,336 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.