SEC Form 4 · accession 0001140361-16-058166
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert C Johnson
Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 1:47 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option, right to buyF1,F2,F3 | $35.07 | Mar 15, 2016 | A | 8,641 | A | Mar 15, 2016 | Mar 15, 2026 | Common Stock | 8,641 | 8,641 | 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 stock price at date of grant of $35.07.
- F3Stock options granted under the NEDEP vest immediately upon grant and expire on the 10th anniversary from the date of grant.