Navdeep Gupta - Jun 7, 2023 Form 4/A Insider Report for DICK'S SPORTING GOODS, INC. (DKS)

Signature
/s/ Alexandria M. Crist by Power of Attorney
Stock symbol
DKS
Transactions as of
Jun 7, 2023
Transactions value $
-$160,385
Form type
4/A
Date filed
12/27/2023, 08:08 PM
Date Of Original Report
Jun 9, 2023
Previous filing
Apr 5, 2023
Next filing
Oct 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKS Common Stock, par value $0.01 per share Options Exercise $116K +3.55K +3.19% $32.77 115K Jun 7, 2023 Direct F1, F2
transaction DKS Common Stock, par value $0.01 per share Tax liability -$277K -2.03K -1.76% $136.55 113K Jun 7, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DKS Stock Option (Right to Buy) Options Exercise $0 -3.55K -100% $0.00* 0 Jun 7, 2023 Common Stock, par value $0.01 per share 3.55K $32.77 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 9, 2023, the reporting person filed a Form 4 which incorrectly reported the exercise of a stock option for 2,027 shares of the issuer's common stock and the subsequent sale of all 2,027 of those shares on June 7, 2023. In fact, as reported in this amendment, the reporting person exercised the stock option for all of the 3,552 shares of common stock underlying the stock option, and then proceeded to sell 2,027 of those shares to cover the applicable exercise and tax obligations with respect to such exercise. As a result, the total amount of non-derivative securities beneficially owned by the insider was understated by 1,525 shares in subsequently reported transactions prior to the date of this amendment filing.
F2 The exercise price shown has been adjusted from the grant date exercise price due to the special cash dividend paid by the Company on September 24, 2021, which was required by the Company's Amended and Restated 2012 Stock and Incentive Plan.
F3 The stock option award representing the right to purchase 14,205 shares of common stock vested in four equal annual installments beginning on April 3, 2020.