Form 4 for ASO Academy Sports & Outdoors, Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001817358-23-000041 · 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 | 2023-03-03 | 2023-03-01 | ASO | Lawrence Steven Paul | EVP, CMO | M - OptEx | — | +1,990 | 119.1K | +2% | — |
| D | 2023-03-03 | 2023-03-01 | ASO | Lawrence Steven Paul | EVP, CMO | F - Tax | $59.15 | -485 | 118.6K | -0.4% | -$28.7K |
| D | 2023-03-03 | 2023-03-01 | ASO | Lawrence Steven Paul | EVP, CMO | M - OptEx | $0.00 | -1,990 | 6,511 | -23% | $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 | 2023-03-01 | M | A | 1,990 | — | 119,089 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-03-01 | F | D | 485 | $59.15 | 118,604 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 1,990 | $0.00 | 6,511 | D | — · — to 2032-03-30 | 1,990 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. (F3) On 3/30/22, the Reporting Person was granted 8,501 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 7,961 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., 540 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). |