Ford Earl Carlton IV bought ASO
March 26, 2024 · Form 4 insider transaction
Ford Earl Carlton IV bought 9,544 shares of Academy Sports and Outdoors, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Granted under the Company's 2020 Omnibus Incentive Plan (the "Plan").; Each restricted stock unit represents a contingent right to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").; On March 26, 2024, the Reporting Person was granted 9,544 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 February 4, 2024 and ending on January 30, 2027, 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.