Form 4 for ASO Academy Sports & Outdoors, Inc.
Accepted 2022-04-01 00:00:00 ET · period of report 2022-03-30 · accession 0001817358-22-000056 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-01 | 2022-03-31 | ASO | HICKS KEN C | COB, Pres, CEO, Dir | F - Tax | $39.17 | -441 | 452.5K | -0.1% | -$17.3K |
| D | 2022-04-01 | 2022-03-31 | ASO | HICKS KEN C | COB, Pres, CEO, Dir | M - OptEx | — | +1,273 | 452.9K | +0.3% | — |
| DM | 2022-04-01 | 2022-03-30 | ASO | HICKS KEN C | COB, Pres, CEO, Dir | A - Grant | $0.00 | +372.2K | 308.4K | New | $0 |
| D | 2022-04-01 | 2022-03-31 | ASO | HICKS KEN C | COB, Pres, CEO, Dir | M - OptEx | $0.00 | -1,273 | 43.3K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-31 | F | D | 441 | $39.17 | 452,482 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-31 | M | A | 1,273 | — | 452,923 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units | 2022-03-30 | A | A | 63,760 | $0.00 | 63,760 | D | — · — to 2032-03-30 | 63,760 Common Stock | (F2) Granted under the Company's 2020 Omnibus Incentive Plan. (F3) Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock"). (F4) On March 30, 2022, the Reporting Person was granted 63,760 performance-based restricted stock units (PRSUs). These PRSUs vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. The number of shares of Common Stock that the Reporting Person may be entitled to receive upon vesting, if any, may vary from 0% to 100% of the number shown above based on the Issuer's achievement of certain performance criteria for fiscal 2022. Upon certification by the Issuer's compensation committee, 1/48 of the total PRSUs granted will vest for every monthly anniversary since the Vesting Commencement Date (i.e., January 30, 2022), and thereafter on each monthly anniversary of the Vesting Commencement Date, or 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. |
| 4 | Derivative | Restricted Stock Units | 2022-03-31 | M | D | 1,273 | $0.00 | 43,304 | D | — · — to 2031-03-31 | 1,273 Common Stock | (F2) Granted under the Company's 2020 Omnibus Incentive Plan. (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) On March 31, 2021, the Reporting Person was granted 61,133 PRSUs. These PRSUs 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, 1/48 of the total PRSUs granted will vest for every monthly anniversary since the Vesting Commencement Date (i.e., January 31, 2021), and thereafter on each monthly anniversary of the Vesting Commencement Date. |
| 5 | Derivative | Stock Options (Right to Buy) | 2022-03-30 | A | A | 308,415 | $0.00 | 308,415 | D | $39.17 · — to 2032-03-30 | 308,415 Common Stock | (F2) Granted under the Company's 2020 Omnibus Incentive Plan. (F5) These time-based options vest in 48 equal monthly installments beginning on first anniversary of the grant date. |