SEC Form 4 · accession 0001140361-17-035713
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Hilt
Director
Period of report
Sep 18, 2017
Accepted (ET)
Sep 18, 2017 · 1:04 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 | $13.85 | Sep 16, 2017 | A | 16,410 | A | Aug 7, 2018 | Sep 16, 2027 | Common Stock | 16,410 | 16,410 | D |
Explanation of responses
- F1Initial 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 initial equity award in the form of stock options.
- F2The Board of Directors of the Issuer adopted an initial grant value of equity to each independent Director of $75,000. Grant based on Issuer stock price at date of grant of $13.85.
- F3Initial awards granted under the NEDEP are subject to a one year service requirement and expire on the 10th anniversary from the date of grant.