SEC Form 4 · accession 0001140361-15-012435
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cathy E Pryor
Officer — Senior VP of Operations
Period of report
Mar 11, 2015
Accepted (ET)
Mar 18, 2015 · 1:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001017480
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF2,F4 | Mar 13, 2015 | M | 2,700 | $0.00 | A | 13,478 | D | |
| Common Stock, par value $0.01 per share | Mar 13, 2015 | F | 936 | $0.00 | D | 12,542 | D | |
| Common Stock, par value $0.01 per shareF3,F4 | Mar 17, 2015 | M | 10,900 | $0.00 | A | 23,442 | D | |
| Common Stock, par value $0.01 per share | Mar 17, 2015 | F | 3,636 | $0.00 | D | 19,806 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Mar 11, 2015 | A | 2,700 | A | — | — | Common Stock | 2,700 | 2,700 | D |
| Restricted Stock UnitF1,F4 | $0.00 | Mar 11, 2015 | A | 2,650 | A | — | — | Common Stock | 2,650 | 2,650 | D |
| Restricted Stock UnitF2,F4 | $0.00 | Mar 13, 2015 | M | 2,700 | D | Mar 13, 2015 | — | Common Stock | 2,700 | 0 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 17, 2015 | M | 10,900 | D | Mar 17, 2015 | — | Common Stock | 10,900 | 0 | D |
Explanation of responses
- F1Performance-based RSU award under Amended 2005 Equity Incentive Plan. Performance certified achieved by Issuer's Compensation Committee. Units convert to common stock on the fifth anniversary of the date of grant 3/18/2014. These shares do not expire; however, they will be forfeited if the service criteria is not met.
- F2Performance-based RSU award under Amended Equity Incentive Plan. Three year cliff vest from the date of grant upon achievement of performance criteria. Grant date 3/13/12. Performance certified achieved by Issuer's Compensation Committee. There is no expiration date.
- F3Performance-based RSU award under Amended Equity Incentive Plan. Five year cliff vest from the date of grant upon achievement of performance criteria. Grant date 3/17/10. Performance certified achieved by Issuer's Compensation Committee. There is no expiration date.
- F4Each RSU is the economic equivalent of one share of Issuer's common stock. The reporting person has settled the RSUs for stock.