Home/Filings/4/0001817358-23-000155
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
Period: 2023-06-09
Transactions
  • Exercise/Conversion

    Common Stock

    2023-06-09+21,712175,098 total
  • Sale

    Common Stock

    2023-06-09$50.34/sh65,694$3,307,036109,404 total
  • Sale

    Common Stock

    2023-06-09$50.99/sh100$5,099109,304 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2023-06-0921,7120 total
    Exercise: $16.57Exp: 2029-03-07Common Stock (21,712 underlying)
  • Award

    Stock Options (Right to Buy)

    2023-06-09+30,09630,096 total
    Exercise: $50.42Exp: 2033-06-09Common Stock (30,096 underlying)
  • Exercise/Conversion

    Common Stock

    2023-06-09+44,082153,386 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2023-06-0944,0820 total
    Exercise: $16.57Exp: 2029-03-07Common Stock (44,082 underlying)
  • Award

    Restricted Stock Units

    2023-06-09+14,87514,875 total
    Exp: 2033-06-09Common Stock (14,875 underlying)
  • Award

    Restricted Stock Units

    2023-06-09+29,75029,750 total
    Exp: 2033-06-09Common 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.

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