Samuel J. Johnson - Jun 9, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Signature
/s/ Gary Holland, Attorney-in-fact
Stock symbol
ASO
Transactions as of
Jun 9, 2023
Transactions value $
$0
Form type
4
Date filed
6/13/2023, 08:04 AM
Previous filing
Mar 23, 2023
Next filing
Jun 14, 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 +2.48K $0.00 2.48K Jun 9, 2023 Common Stock 2.48K Direct F1, F2, F3
transaction ASO Restricted Stock Units Award $0 +4.96K $0.00 4.96K Jun 9, 2023 Common Stock 4.96K Direct F1, F2, F4
transaction ASO Stock Options (Right to Buy) Award $0 +5.02K $0.00 5.02K Jun 9, 2023 Common Stock 5.02K $50.42 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Company's 2020 Omnibus Incentive Plan, as amended (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 These time-based RSUs vest in three equal installments beginning on the first anniversary of the grant date.
F4 On June 9, 2023, the Reporting Person was granted 4,958 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.
F5 These time-based options vest in three equal installments beginning on the first anniversary of the grant date.