0001817358-23-000155.txt : 20230613 0001817358-23-000155.hdr.sgml : 20230613 20230613080248 ACCESSION NUMBER: 0001817358-23-000155 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230609 FILED AS OF DATE: 20230613 DATE AS OF CHANGE: 20230613 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mullican Michael P. CENTRAL INDEX KEY: 0001825630 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39589 FILM NUMBER: 231010260 MAIL ADDRESS: STREET 1: C/O ACADEMY SPORTS AND OUTDOORS, INC. STREET 2: 1800 NORTH MASON ROAD CITY: KATY STATE: TX ZIP: 77449 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Academy Sports & Outdoors, Inc. CENTRAL INDEX KEY: 0001817358 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 851800912 STATE OF INCORPORATION: DE FISCAL YEAR END: 0203 BUSINESS ADDRESS: STREET 1: 1800 NORTH MASON ROAD CITY: KATY STATE: TX ZIP: 77449 BUSINESS PHONE: (281) 646-5200 MAIL ADDRESS: STREET 1: 1800 NORTH MASON ROAD CITY: KATY STATE: TX ZIP: 77449 4 1 wf-form4_168665775445844.xml FORM 4 X0407 4 2023-06-09 0 0001817358 Academy Sports & Outdoors, Inc. ASO 0001825630 Mullican Michael P. C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449 0 1 0 0 President 0 Common Stock 2023-06-09 4 M 0 44082 0 A 153386 D Common Stock 2023-06-09 4 M 0 21712 0 A 175098 D Common Stock 2023-06-09 4 S 0 65694 50.34 D 109404 D Common Stock 2023-06-09 4 S 0 100 50.99 D 109304 D Stock Options (Right to Buy) 16.57 2023-06-09 4 M 0 44082 0 D 2029-03-07 Common Stock 44082.0 0 D Stock Options (Right to Buy) 16.57 2023-06-09 4 M 0 21712 0 D 2029-03-07 Common Stock 21712.0 0 D Restricted Stock Units 2023-06-09 4 A 0 14875 0 A 2033-06-09 Common Stock 14875.0 14875 D Restricted Stock Units 2023-06-09 4 A 0 29750 0 A 2033-06-09 Common Stock 29750.0 29750 D Stock Options (Right to Buy) 50.42 2023-06-09 4 A 0 30096 0 A 2033-06-09 Common Stock 30096.0 30096 D Sale of shares to cover the cost of exercise and withholding tax obligations arising from the stock option exercise reported above and the sale of 100% of the net shares acquired from this exercise. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $49.90 to $50.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. These time-based options are fully vested. These performance-based options are fully vested. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock"). These time-based RSUs vest in three equal installments beginning on the first anniversary of the grant date. On June 9, 2023, the Reporting Person was granted 29,750 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain preestablished performance metrics related to the Company's (i) adjusted pre-tax income, and (ii) return on invested capital over a 3-year period beginning on January 29, 2023 and ending on January 31, 2026, are achieved and certified by the Issuer's compensation committee (which, if any, may vary from 0% to 200% of the number shown above), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. These time-based options vest in three equal installments beginning on the first anniversary of the grant date. /s/ Gary Holland, Attorney-in-fact 2023-06-13