HIBBETT SPORTS INC 4
4 · HIBBETT SPORTS INC · Filed Mar 17, 2016
Insider Transaction Report
Form 4
Johnson Albert C
Director
Transactions
- Award
Stock Option, right to buy
2016-03-15$35.07/sh+8,641$303,040→ 8,641 totalExercise: $35.07From: 2016-03-15Exp: 2026-03-15→ Common Stock (8,641 underlying)
Footnotes (3)
- [F1]Annual equity award to Directors under the 2012 Non-Employee Director Equity Plan (NEDEP); Under NEDEP, Directors can choose form(s) of equity. Reporting person chose annual equity award in the form of stock options.
- [F2]The Board of Directors of the Issuer adopted an annual grant value of equity to each independent Director of $100,000. Grant based on Issuer stock price at date of grant of $35.07.
- [F3]Stock options granted under the NEDEP vest immediately upon grant and expire on the 10th anniversary from the date of grant.