Samuel J. Johnson - Sep 12, 2023 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
EVP, Retail Operations
Signature
/s/ Gary Holland, Attorney-in-Fact
Stock symbol
ASO
Transactions as of
Sep 12, 2023
Transactions value $
-$1,303,646
Form type
4
Date filed
9/13/2023, 04:42 PM
Previous filing
Sep 11, 2023
Next filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASO Common Stock Options Exercise $33.8K +1.95K +2.34% $17.30 85.3K Sep 12, 2023 Direct
transaction ASO Common Stock Options Exercise $690K +25.6K +30% $26.99 111K Sep 12, 2023 Direct
transaction ASO Common Stock Sale -$2.03M -40.5K -36.57% $50.03 70.3K Sep 12, 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 Stock Options (Right to Buy) Options Exercise $0 -1.95K -100% $0.00* 0 Sep 12, 2023 Common Stock 1.95K $17.30 Direct F2
transaction ASO Stock Options (Right to Buy) Options Exercise $0 -25.6K -50% $0.00 25.6K Sep 12, 2023 Common Stock 25.6K $26.99 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $49.45 to $50.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 These time-based options previously granted under the Issuer's 2011 Unit Incentive Plan, or the 2011 Equity Plan, are fully vested due to a Change of Control (as defined in the 2011 Equity Plan) that resulted from the Issuer's secondary public offering that closed on May 10, 2021.
F3 Granted under the Company's Amended and Restated 2020 Omnibus Incentive Plan (the "Plan").
F4 On March 31, 2021, the Reporting Person was granted 51,158 time-based options. These time-based options vest in four equal installments beginning on first anniversary of the grant date.