SEC Form 4 · accession 0001140361-17-012257
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen S. Etzkorn
Director
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 1:24 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 UnitF1,F2,F3 | $0.00 | Mar 14, 2017 | A | 822 | A | — | — | Common Stock | 822 | 822 | 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 restricted stock units.
- F2The Board of Directors of the Issuer adopted an annual grant value of equity to each independent Director of $100,000, pro-rated for partial years of service. Reporting person was appointed effective November 2016 and received a pro-rated annual grant valued at $24,451. Grant based on Issuer stock price at date of grant of $29.75.
- F3The Reporting Owner has elected vesting dates equal to the first three anniversaries following separation of duties from the Board of Directors of the Issuer. There is no expiration date.