Sherry L. Harriman - Mar 21, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
SVP, Logistics & Supply Chain
Signature
/s/ Gary Holland, Power of Attorney
Stock symbol
ASO
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 05:04 PM
Previous filing
Mar 3, 2023
Next filing
Jun 1, 2023

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 +6.96K $0.00 6.96K Mar 21, 2023 Common Stock 6.96K Direct F1, F2, F3
transaction ASO Stock Options (Right to Buy) Award $0 +7.52K $0.00 7.52K Mar 21, 2023 Common Stock 7.52K $64.67 Direct F1, F4
transaction ASO Restricted Stock Units Award $0 +3.48K $0.00 3.48K Mar 21, 2023 Common Stock 3.48K Direct F1, F2, F5

Explanation of Responses:

Id Content
F1 Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
F3 On March 21, 2023, the Reporting Person was granted 6,958 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain preestablished performance metrics related to the Company's (i) adjusted pre-tax income, and (ii) return on invested capital over a 3-year period beginning on January 29, 2023 and ending on January 31, 2026, are achieved and certified by the Issuer's compensation committee (which, if any, may vary from 0% to 200% of the number shown above), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F4 These time-based options vest in three equal installments beginning on the first anniversary of the grant date.
F5 These time-based RSUs vest in three equal installments beginning on the first anniversary of the grant date.