Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DICK'S SPORTING GOODS, INC. Director's Dealing 2021

Dec 9, 2021

30298_dirs_2021-12-08_71abd3c4-fb1a-44d7-a11c-d63458e42636.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DICK'S SPORTING GOODS, INC. (DKS)
CIK: 0001089063
Period of Report: 2021-12-07

Reporting Person: STACK EDWARD W (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-12-16 Common Stock, par value $0.01 per share G 785 Disposed 10141695 Direct
2021-09-27 Common Stock, par value $0.01 per share G 3092161 Disposed 0 Indirect
2021-12-07 Common Stock, par value $0.01 per share P 227000 $110.30 Acquired 11035422 Direct

Footnotes

F1: Amount reflects a gift made by reporting person to each of his five children, which due to an administrative oversight had not been previously reported.

F2: Amount includes 9,049,087 shares of Class B common stock (the "Class B Common Stock"), which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B Common Stock have identical rights to holders of common stock, except that holders of Class B Common Stock are entitled to 10 votes for each share held of record. Each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of common stock.

F3: On June 13, 2019, Mr. Stack contributed shares of Class B Common Stock to the Edward W. Stack Grantor Retained Annuity Trust X ("GRAT X") for the benefit of his children. Shares have thereafter been transferred annually from the trust to Mr. Stack to satisfy annuity payment obligations. Upon termination of GRAT X on September 27, 2021, the remaining 3,092,161 shares held by GRAT X were gifted to the Edward W. Stack Non-Grantor Trust, in which Mr. Stack has neither a direct nor indirect beneficial ownership interest.

F4: The purchases were executed in a series of transactions with a price range of $109.95 to $110.83, inclusive. The reporting person undertakes to provide to Dick's Sporting Goods, Inc., any security holder of Dick's Sporting Goods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F5: Amount also reflects the shift from indirect to direct ownership of 666,727 shares of Class B Common Stock on September 27, 2021 from GRAT X in satisfaction of the final annuity payment thereunder.

F6: Amount includes 9,715,814 shares of Class B common stock (the "Class B Common Stock"), which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B Common Stock have identical rights to holders of common stock, except that holders of Class B Common Stock are entitled to 10 votes for each share held of record. Each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of common stock.