ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On August 19, DICK'S Sporting Goods, Inc. (the "Company') announced that Mr.
Navdeep Gupta has been appointed as the Company's Executive Vice President,
Chief Financial Officer, effective October 1, 2021. Mr. Belitsky, the Company's
current Chief Financial Officer, will continue to serve as an Executive Vice
President overseeing supply chain, real estate, construction, and GameChanger.
Mr. Gupta, age 49, has served as the Company's Senior Vice President, Chief
Accounting Officer since November 2017. Prior to joining the Company, Mr. Gupta
most recently served as the Senior Vice President of Finance at Advance Auto
Parts, Inc., where he held numerous leadership roles from 2006 to 2017,
including Chief Audit Executive, Vice President of Finance and Treasurer, and
Director of Finance. There have been no transactions since the beginning of the
Company's last fiscal year, or currently proposed, regarding Mr. Gupta that are
required to be disclosed under Item 404(a) of Regulation S-K.
In connection with his appointment as Chief Financial Officer, Mr. Gupta's base
salary will increase to $575,000. Mr. Gupta will continue to participate in the
Company's annual short-term incentive plan and his cash incentive award target
will increase to 70% of the base salary he earns during a fiscal year, with the
actual target payout for 2021 being prorated based on his prior incentive award
target. Mr. Gupta will also will also receive a promotional equity grant
consisting of (i) a restricted stock grant valued at $140,000, that will vest
100% on the third anniversary of the grant date and (ii) a restricted stock
grant valued at $60,000, that will vest at 25% per year each year starting on
the first anniversary of the grant date.
A copy of the press release announcing the transition described herein is
attached to this report as Exhibit 99.1 and is hereby incorporated by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
The following exhibits are being furnished pursuant to Item 601 of Regulation
S-K and General Instruction B.2 to this Form 8-K:
Exhibit No. Description
99.1 Press Release dated August 19, 2021 by Dick's Sporting Goods, Inc. filed
herewith
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DICK'S SPORTING GOODS, INC. 
