• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Director Finley Terrance G returned $282,275 worth of shares to the company (3,226 units at $87.50), closing all direct ownership in the company (SEC Form 4)

    7/25/24 3:35:04 PM ET
    $HIBB
    Food Distributors
    Consumer Discretionary
    Get the next $HIBB alert in real time by email
    SEC FORM 4 SEC Form 4
    FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
    X
    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
      
    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
    1. Name and Address of Reporting Person*
    FINLEY TERRANCE G

    (Last) (First) (Middle)
    2700 MILAN COURT

    (Street)
    BIRMINGHAM AL 35211

    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    HIBBETT INC [ HIBB ]
    5. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    X Director 10% Owner
    Officer (give title below) Other (specify below)
    3. Date of Earliest Transaction (Month/Day/Year)
    07/25/2024
    4. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
    1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V Amount (A) or (D) Price
    Common Stock 07/25/2024 D 3,226(1) D $87.5 0 D
    Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
    Stock Options (Right to Buy)(2) $76.04 07/25/2024 D 4,384 03/22/2021 03/22/2031 Common Stock 4,384 $87.5 0 D
    Stock Options (Right to Buy)(2) $46.22 07/25/2024 D 7,212 03/30/2022 03/30/2032 Common Stock 7,212 $87.5 0 D
    Stock Options (Right to Buy)(2) $58.38 07/25/2024 D 4,094 03/31/2023 03/31/2033 Common Stock 4,094 $87.5 0 D
    Stock Options (Right to Buy)(2) $50.48 07/25/2024 D 6,003 03/17/2015 03/17/2025 Common Stock 6,003 $87.5 0 D
    Stock Options (Right to Buy)(2) $35.07 07/25/2024 D 8,641 03/15/2016 03/15/2026 Common Stock 8,641 $87.5 0 D
    Stock Options (Right to Buy)(2) $29.75 07/25/2024 D 10,186 03/14/2017 03/14/2027 Common Stock 10,186 $87.5 0 D
    Explanation of Responses:
    1. Pursuant to the Agreement and Plan of Merger, dated as of April 23, 2024 (the Merger Agreement), by and among Hibbett, Inc., a Delaware corporation (the Company), Genesis Holdings, Inc., an Indiana corporation (Parent), Steps Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent (Merger Sub) and, solely for purposes of certain provisions specified therein, JD Sports Fashion plc, a company incorporated under the laws of England and Wales and the ultimate parent company of Parent and Merger Sub, each share of common stock, par value $0.01 per share, of the Company (Company Common Stock) was converted into the right to receive $87.50 in cash, without interest.
    2. In accordance with the terms of the Merger Agreement, each option to purchase shares of Company Common Stock that is outstanding as of immediately prior to the effective time of the merger, whether vested or unvested, was cancelled by virtue of the merger without any action on the part of the holder thereof and entitled the holder to receive with respect thereto an amount in cash, without interest and subject to applicable withholding taxes, equal to the product of (1) the number of shares of Company Common Stock subject to such option as of immediately prior to the effective time of the merger, and (2) the excess, if any, of per share merger consideration of $87.50 over the exercise price per share of Company Common Stock subject to such option as of immediately prior to the effective time of the merger.
    Remarks:
    /s/ Terrance G Finley 07/25/2024
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $HIBB alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $HIBB

    DatePrice TargetRatingAnalyst
    3/18/2024$82.00 → $74.00Outperform → Market Perform
    Telsey Advisory Group
    3/18/2024$72.00 → $82.00Buy
    Monness Crespi & Hardt
    3/13/2024$73.00 → $82.00Outperform
    Telsey Advisory Group
    11/22/2023$60.00 → $73.00Outperform
    Telsey Advisory Group
    11/22/2023$60.00 → $72.00Buy
    Monness Crespi & Hardt
    6/29/2023$37.00Neutral
    B. Riley Securities
    3/14/2023$69.00Hold
    Jefferies
    10/25/2022$75.00Neutral → Buy
    BofA Securities
    More analyst ratings