Statement of Changes in Beneficial Ownership (4)
March 17 2021 - 10:09AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
QUINN WILLIAM G |
2. Issuer Name and Ticker or Trading Symbol
HIBBETT SPORTS INC
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HIBB
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP Digital Commerce |
(Last)
(First)
(Middle)
2700 MILAN COURT |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/15/2021 |
(Street)
BIRMINGHAM, AL 35211
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock (1) | 3/15/2021 | | M | | 3362 | A | $0 (2) | 5053 | D | |
Common Stock | 3/15/2021 | | F | | 1075 | D | $0 | 3978 | D | |
Common Stock | 3/16/2021 | | S | | 700 | D | $71.34 (3) | 3278 | D | |
Common Stock | 3/16/2021 | | S | | 900 | D | $72.56 (4) | 2378 | D | |
Common Stock | 3/16/2021 | | S | | 2378 | D | $73.72 (5) | 0 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Units (1) | $0.0 | 3/15/2021 | | M | | | 3362 | 3/15/2021 | (1) | Common Stock | 3362.0 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Service-based RSU award under Amended 2015 Equity Incentive Plan. Units convert to common stock on the fourth anniversary of the date of grant of 3/14/2017. These shares do not expire. |
(2) | Each RSU is the economic equivalent of one share of Issuer's common stock. The reporting person has settled the RSUs for stock. |
(3) | This price represents the weighted average price per share of common stock, par value $0.01 per share (each a "Share"), of Hibbett Sports, Inc. ("Issuer"), of sales that were executed at prices ranging from$71.10-$72.10 per Share, inclusive. The reporting person undertakes to provide to issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full informationregarding the number of Shares sold at each separate price within the ranges set forth in footnotes (3), (4) and (5) to this Form 4. |
(4) | This price represents the weighted average price per Share of Issuer of sales that were executed at prices ranging from $72.15-$73.15 per Share, inclusive. |
(5) | This price represents the weighted average price per Share of Issuer of sales that were executed at prices ranging from $73.32-$74.32 per Share, inclusive. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
QUINN WILLIAM G 2700 MILAN COURT BIRMINGHAM, AL 35211 |
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| SVP Digital Commerce |
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Signatures
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/s/ William G. Quinn | | 3/17/2021 |
**Signature of Reporting Person | Date |
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