SEC Form 4 · accession 0001140361-16-058148
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Newsome
Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 12:14 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Mar 15, 2016 | A | 4,277 | A | — | — | Common Stock | 4,277 | 9,887 | D |
Explanation of responses
- F1Annual equity award to Directors under the 2012 Non-Employee Director Equity Plan (NEDEP). Under the NEDEP, Directors can choose form(s) of equity. Reporting person chose annual equity award in the form of restricted stock units to vest upon retirement from the Board of Directors.
- F2The Board of Directors of Issuer adopted an annual grant value to the Chairman of the Board of $150,000. Grant based on Issuer stock price at date of grant of $35.07. There is no expiration date.