Theresa Palermo - May 31, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role: Director
Signature: /s/ Gary Holland, Attorney-in-fact
Stock symbol: ASO
Transactions as of: May 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/31/2023, 07:04 PM
Previous filing: Jul 21, 2022
Next filing: Jun 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASO	Common Stock	Options Exercise		+3.44K			3.44K	May 31, 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	-3.44K	-100%	$0.00^*	0	May 31, 2023	Common Stock	3.44K		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 July 21, 2022, the Reporting Person was granted 3,442 time-based restricted stock units that vest 100%, subject to the Reporting Person's continued service with the Issuer, on the earliest of (i) the first anniversary of the date of grant, or, if earlier, the date which is the business day immediately preceding the date of the next Annual Meeting of Stockholders, (ii) the Reporting Person's termination due to death or Disability (as defined in the Plan), or (iii) a Change in Control (as defined in the Plan).