4//SEC Filing
Maini Manish 4
Accession 0001817358-23-000016
CIK 0001817358other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 4:31 PM ET
Size
21.6 KB
Accession
0001817358-23-000016
Insider Transaction Report
Form 4
Maini Manish
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2023-01-31$16.70/sh−33,683$562,506→ 0 totalExercise: $16.70Exp: 2027-06-06→ Common Stock (33,683 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2023-01-31$16.57/sh−35,617$590,174→ 0 totalExercise: $16.57Exp: 2029-03-07→ Common Stock (35,617 underlying) - Tax Payment
Common Stock
2023-01-31$56.80/sh−544$30,899→ 103,929 total - Exercise/Conversion
Common Stock
2023-01-31$16.48/sh+33,028$544,301→ 170,640 total - Sale
Common Stock
2023-01-31$58.04/sh−102,328$5,939,117→ 103,929 total - Exercise/Conversion
Restricted Stock Units
2023-01-31−1,834→ 3,668 totalExp: 2031-03-31→ Common Stock (1,834 underlying) - Exercise/Conversion
Common Stock
2023-01-31$16.70/sh+33,683$562,506→ 137,612 total - Exercise/Conversion
Common Stock
2023-01-31$16.57/sh+35,617$590,174→ 206,257 total - Exercise/Conversion
Stock Options (Right to Buy)
2023-01-31$16.48/sh−33,028$544,301→ 0 totalExercise: $16.48Exp: 2028-04-05→ Common Stock (33,028 underlying) - Exercise/Conversion
Common Stock
2023-01-31+1,834→ 104,473 total
Footnotes (7)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The options exercised and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $57.85 to $58.04, 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.
- [F4]Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").
- [F5]On March 31, 2021, the Reporting Person was granted 7,336 performance-based restricted stock units. These performance-based restricted stock units vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. Following certification of achievement of the performance criteria during fiscal 2021 by the Issuer's compensation committee on March 2, 2022, 25% of this grant vested on March 2, 2022, and the remaining 75% will vest in three equal annual installments beginning on January 31, 2023.
- [F6]These time-based options are fully vested.
- [F7]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.
Documents
Issuer
Academy Sports & Outdoors, Inc.
CIK 0001817358
Entity typeother
Related Parties
1- filerCIK 0001825679
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 4:31 PM ET
- Size
- 21.6 KB