Form 4 for ASO Academy Sports & Outdoors, Inc.
Accepted 2023-02-01 00:00:00 ET · period of report 2023-01-31 · accession 0001817358-23-000016 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-01 | 2023-01-31 | ASO | Maini Manish | SVP, CIO | M - OptEx | $16.58 | +104.2K | 104.5K | +33,493% | +$1.73M |
| D | 2023-02-01 | 2023-01-31 | ASO | Maini Manish | SVP, CIO | F - Tax | $56.80 | -544 | 103.9K | -0.5% | -$30.9K |
| D | 2023-02-01 | 2023-01-31 | ASO | Maini Manish | SVP, CIO | S - Sale+OE | $58.04 | -102.3K | 103.9K | -50% | -$5.94M |
| DM | 2023-02-01 | 2023-01-31 | ASO | Maini Manish | SVP, CIO | M - OptEx | $16.29 | -104.2K | 0 | -100% | -$1.70M |
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 | 2023-01-31 | M | A | 33,683 | $16.70 | 137,612 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-31 | M | A | 33,028 | $16.48 | 170,640 | D | — | — | |
| 3 | Common | Common Stock | 2023-01-31 | M | A | 35,617 | $16.57 | 206,257 | D | — | — | |
| 4 | Common | Common Stock | 2023-01-31 | F | D | 544 | $56.80 | 103,929 | D | — | — | |
| 5 | Common | Common Stock | 2023-01-31 | M | A | 1,834 | — | 104,473 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 6 | Common | Common Stock | 2023-01-31 | S | D | 102,328 | $58.04 | 103,929 | D | — | — | (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. |
| 7 | Derivative | Stock Options (Right to Buy) | 2023-01-31 | M | D | 33,028 | $16.48 | 0 | D | $16.48 · — to 2028-04-05 | 33,028 Common Stock | (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. |
| 8 | Derivative | Stock Options (Right to Buy) | 2023-01-31 | M | D | 33,683 | $16.70 | 0 | D | $16.70 · — to 2027-06-06 | 33,683 Common Stock | (F6) These time-based options are fully vested. |
| 9 | Derivative | Restricted Stock Units | 2023-01-31 | M | D | 1,834 | $0.00 | 3,668 | D | — · — to 2031-03-31 | 1,834 Common Stock | (F4) Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan"). (F1) Restricted stock units convert into common stock on a one-for-one basis. (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. |
| 10 | Derivative | Stock Options (Right to Buy) | 2023-01-31 | M | D | 35,617 | $16.57 | 0 | D | $16.57 · — to 2029-03-07 | 35,617 Common Stock | (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. |