SEC Form 4 · accession 0001140361-18-015840
HIBBETT SPORTS INC · HIBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Hilt
Director
Period of report
Mar 27, 2018
Accepted (ET)
Mar 29, 2018 · 2:41 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 | $22.55 | Mar 27, 2018 | A | 6,556 | A | Mar 27, 2018 | Mar 27, 2028 | Common Stock | 6,556 | 6,556 | 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 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, pro-rated for partial year of service. Reporting person was appointed effective August 2017 and received a pro-rated annual grant valued at $48,787. Grant based on Issuer stock price at date of grant of $22.55.
- F3Stock options granted under the NEDEP vest immediately upon grant and expire on the 10th anniversary from the date of grant.