Steven Paul Lawrence - Jun 9, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

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

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ASO	Restricted Stock Units	Award	$0	+29.8K	$0.00	29.8K	Jun 9, 2023	Common Stock	29.8K		Direct	F1, F2, F3
transaction	ASO	Restricted Stock Units	Award	$0	+59.5K	$0.00	59.5K	Jun 9, 2023	Common Stock	59.5K		Direct	F1, F2, F4
transaction	ASO	Stock Options (Right to Buy)	Award	$0	+60.2K	$0.00	60.2K	Jun 9, 2023	Common Stock	60.2K	$50.42	Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.