SEC Form 4 · accession 0001140361-15-012448
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Saunders
Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 18, 2015 · 3:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001017480
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Options, under NEDEPF1,F2,F3 | $50.48 | Mar 17, 2015 | A | 6,003 | A | Mar 17, 2015 | Mar 17, 2025 | Common Stock | 6,003 | 6,003 | D |
Explanation of responses
- F1Annual equity award to Directors under the 2012 Non-Employee Director Equity Plan (NEDEP); Under NEDEP, Directors can choose form(s) of equity. Reporting person chose annual equity award in the form of stock options.
- F2The Board of Directors of the Issuer adopted an annual grant value of equity to each independent Director of $100,000. Grant based on Issuer's stock price at date of grant of $50.48.
- F3Stock options granted under the Non-Employee Director Equity Plan (NEDEP) vest immediately upon grant and expire on the 10th anniversary from the date of grant.