Steven Paul Lawrence - 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, 08:06 AM
Previous filing
Mar 23, 2023
Next filing
Sep 11, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

* 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 59,500 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.