4//SEC Filing
Maini Manish 4
Accession 0001817358-23-000045
CIK 0001817358other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:39 PM ET
Size
9.1 KB
Accession
0001817358-23-000045
Insider Transaction Report
Form 4
Maini Manish
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-01+1,194→ 105,123 total - Tax Payment
Common Stock
2023-03-01$59.15/sh−470$27,801→ 104,653 total - Exercise/Conversion
Restricted Stock Units
2023-03-01−1,194→ 3,906 totalExp: 2032-03-30→ Common Stock (1,194 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Granted under the Company's 2020 Omnibus Incentive Plan.
- [F3]On 3/30/22, the Reporting Person was granted 5,100 performance-based restricted stock units ("RSUs"). These RSUs vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. On 3/1/23, the Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 4,776 RSUs were deemed earned. Of this earned amount, 25% of the earned amount of this grant vested on 3/1/23, and the remaining 75% will vest in three equal annual installments beginning on 1/30/24, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The remaining unearned amount of this grant (i.e., 324 RSUs) may vest upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions as of the fourth anniversary of the Vesting Commencement Date (i.e., 1/30/22).
Documents
Issuer
Academy Sports & Outdoors, Inc.
CIK 0001817358
Entity typeother
Related Parties
1- filerCIK 0001825679
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:39 PM ET
- Size
- 9.1 KB