Steven Paul Lawrence - Mar 26, 2024 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role
CEO, Director
Signature
/s/ Gary Holland, Attorney-in-Fact
Stock symbol
ASO
Transactions as of
Mar 26, 2024
Transactions value $
$0
Form type
4
Date filed
3/28/2024, 06:45 PM
Previous filing
Mar 22, 2024
Next filing
Jun 10, 2024

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 +49.6K $0.00 49.6K Mar 26, 2024 Common Stock 49.6K Direct F1, F2, F3
transaction ASO Restricted Stock Units Award $0 +49.6K $0.00 49.6K Mar 26, 2024 Common Stock 49.6K Direct F1, F2, F4
* 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 (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 March 26, 2024, the Reporting Person was granted 49,633 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 February 4, 2024 and ending on January 30, 2027, 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.