Form Type: 4

SEC EDGAR Link
Accession Number:0001817358-22-000056
Date:2022-03-30
Issuer: ACADEMY SPORTS & OUTDOORS, INC. (ASO)
Original Submission Date:

Reporting Person:

HICKS KEN C
C/O ACADEMY SPORTS AND OUTDOORS, INC.
1800 NORTH MASON ROAD KATY, TX 77449

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-03-31 M 1,273 a $0.00 452,923 direct
COMMON STOCK 2022-03-31 F 441 d $39.17 452,482 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2022-03-30 deemed execution date A 63,760 (a) 2032-03-30 common stock 63,760 $0.00 63,760 direct
STOCK OPTIONS (RIGHT TO BUY) 39.17 2022-03-30 deemed execution date A 308,415 (a) 2032-03-30 common stock 308,415 $39.17 308,415 direct
RESTRICTED STOCK UNITS 0.0 2022-03-31 deemed execution date M 1,273 (d) 2031-03-31 common stock 1,273 $0.00 43,304 direct
Footnotes
IDfootnote
f1 restricted stock units convert into common stock on a one-for-one basis.
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.
f5 these time-based options vest in 48 equal monthly installments beginning on first anniversary of the grant date.
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.
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