Matthew M. McCabe - 06 Sep 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	Stock Options (Right to Buy)	Award	$0	+9,838	$0.000000	9,838	06 Sep 2023	Common Stock	9,838	$51.40	Direct	F1, F2
transaction	ASO	Restricted Stock Units	Award	$0	+4,863	$0.000000	4,863	06 Sep 2023	Common Stock	4,863		Direct	F1, F3, F4
transaction	ASO	Restricted Stock Units	Award	$0	+9,727	$0.000000	9,727	06 Sep 2023	Common Stock	9,727		Direct	F1, F3, 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	These time-based options vest in three equal installments beginning on the first anniversary of the grant date.
F3	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
F4	These time-based RSUs vest in three equal installments beginning on the first anniversary of the grant date.
F5	On September 6, 2023, the Reporting Person was granted 9,727 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 the applicable vesting date.