Heather A. Davis - Feb 1, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
SVP-Accounting Treasury Tax
Signature
/s/ Gary Holland, Attorney-in-fact
Stock symbol
ASO
Transactions as of
Feb 1, 2023
Transactions value $
-$58,165
Form type
4
Date filed
2/3/2023, 04:29 PM
Previous filing
Feb 1, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Sale -$24.9K -429 -70.91% $58.07 176 Feb 1, 2023 Direct F1
transaction ASO Common Stock Options Exercise +543 +308.52% 719 Feb 2, 2023 Direct F2
transaction ASO Common Stock Tax liability -$9.56K -161 -22.39% $59.39 558 Feb 2, 2023 Direct
transaction ASO Common Stock Sale -$23.7K -382 -68.46% $62.02 176 Feb 3, 2023 Direct F1

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 -543 -49.95% $0.00 544 Feb 2, 2023 Common Stock 543 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale effected was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").
F4 On December 9, 2020, the Reporting Person was granted 2,173 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 2020 by the Issuer's compensation committee on March 4, 2021, 25% of this grant vested on March 4, 2021, and the remaining 75% vest in three equal annual installments beginning on February 2, 2022.