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Filing Details

Accession Number:: 0001817358-23-000016
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-01 16:31:00
Reporting Period:: 2023-01-31

Accepted Time:: 2023-02-01 16:31:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1817358	Academy Sports & Outdoors Inc.	ASO	Retail-Miscellaneous Shopping Goods Stores (5940)	851800912

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1825679	Manish Maini	C/O Academy Sports And Outdoors, Inc. 1800 North Mason Road Katy TX 77449	Svp, Chief Information Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-01-31	1,834	$0.00	104,473	No	4	M	Direct
Common Stock	Disposition	2023-01-31	544	$56.80	103,929	No	4	F	Direct
Common Stock	Acquisiton	2023-01-31	33,683	$16.70	137,612	No	4	M	Direct
Common Stock	Acquisiton	2023-01-31	33,028	$16.48	170,640	No	4	M	Direct
Common Stock	Acquisiton	2023-01-31	35,617	$16.57	206,257	No	4	M	Direct
Common Stock	Disposition	2023-01-31	102,328	$58.04	103,929	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2023-01-31	1,834	$0.00	1,834	$0.00
Common Stock	Stock Options (Right to Buy)	Disposition	2023-01-31	33,683	$16.70	33,683	$16.70
Common Stock	Stock Options (Right to Buy)	Disposition	2023-01-31	33,028	$16.48	33,028	$16.48
Common Stock	Stock Options (Right to Buy)	Disposition	2023-01-31	35,617	$16.57	35,617	$16.57

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,668	2031-03-31	No	4	M	Direct
0	2027-06-06	No	4	M	Direct
0	2028-04-05	No	4	M	Direct
0	2029-03-07	No	4	M	Direct

Footnotes

Restricted stock units convert into common stock on a one-for-one basis.
The options exercised and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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.
Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").
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.
These time-based options are fully vested.
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.