Form 4 for ASO Academy Sports & Outdoors, Inc.
Accepted 2024-01-03 00:00:00 ET · period of report 2023-12-30 · accession 0001817358-24-000004 · 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 | 2024-01-03 | 2024-01-02 | ASO | HICKS KEN C | Executive COB, Dir | F - Tax | $66.00 | -1,249 | 482.9K | -0.3% | -$82.4K |
| DM | 2024-01-03 | 2024-01-02 | ASO | HICKS KEN C | Executive COB, Dir | M - OptEx | — | +2,518 | 482.8K | +0.5% | — |
| DM | 2024-01-03 | 2023-12-30+ | ASO | HICKS KEN C | Executive COB, Dir | M - OptEx | $0.00 | -2,518 | 16.6K | -13% | $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 | 2024-01-02 | F | D | 1,249 | $66.00 | 482,869 | D | — | — | |
| 2 | Common | Common Stock | 2024-01-02 | M | A | 1,274 | — | 484,118 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2024-01-02 | M | A | 1,244 | — | 482,844 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 4 | Derivative | Restricted Stock Units | 2023-12-30 | M | D | 1,244 | $0.00 | 35,151 | D | — · — to 2032-03-30 | 1,244 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 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. On March 1, 2023, the Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 59,713 PRSUs were deemed earned. Of this earned amount, 1/48 of the PRSUs earned will vest for every monthly anniversary since the Vesting Commencement Date (i.e., January 30, 2022), and thereafter, 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., 4,047 PRSUs) 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. |
| 5 | Derivative | Restricted Stock Units | 2023-12-31 | M | D | 1,274 | $0.00 | 16,562 | D | — · — to 2031-03-31 | 1,274 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. (F4) 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 100% 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. |