4//SEC Filing
Mullican Michael P. 4
Accession 0001817358-23-000155
CIK 0001817358other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 8:02 AM ET
Size
21.0 KB
Accession
0001817358-23-000155
Insider Transaction Report
Form 4
Mullican Michael P.
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2023-06-09+21,712→ 175,098 total - Sale
Common Stock
2023-06-09$50.34/sh−65,694$3,307,036→ 109,404 total - Sale
Common Stock
2023-06-09$50.99/sh−100$5,099→ 109,304 total - Exercise/Conversion
Stock Options (Right to Buy)
2023-06-09−21,712→ 0 totalExercise: $16.57Exp: 2029-03-07→ Common Stock (21,712 underlying) - Award
Stock Options (Right to Buy)
2023-06-09+30,096→ 30,096 totalExercise: $50.42Exp: 2033-06-09→ Common Stock (30,096 underlying) - Exercise/Conversion
Common Stock
2023-06-09+44,082→ 153,386 total - Exercise/Conversion
Stock Options (Right to Buy)
2023-06-09−44,082→ 0 totalExercise: $16.57Exp: 2029-03-07→ Common Stock (44,082 underlying) - Award
Restricted Stock Units
2023-06-09+14,875→ 14,875 totalExp: 2033-06-09→ Common Stock (14,875 underlying) - Award
Restricted Stock Units
2023-06-09+29,750→ 29,750 totalExp: 2033-06-09→ Common Stock (29,750 underlying)
Footnotes (9)
- [F1]Sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above and the sale of 100% of the net shares acquired from this exercise.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $49.90 to $50.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]These time-based options are fully vested.
- [F4]These performance-based options are fully vested.
- [F5]Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
- [F6]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
- [F7]These time-based RSUs vest in three equal installments beginning on the first anniversary of the grant date.
- [F8]On June 9, 2023, the Reporting Person was granted 29,750 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 January 29, 2023 and ending on January 31, 2026, 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.
- [F9]These time-based options vest in three equal installments beginning on the first anniversary of the grant date.
Documents
Issuer
Academy Sports & Outdoors, Inc.
CIK 0001817358
Entity typeother
Related Parties
1- filerCIK 0001825630
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 8:02 AM ET
- Size
- 21.0 KB