EXHIBIT 99.1
Xxxxx X. Xxxxxxxx
______________________________________________________________________
XXX XXXXXXXXXX XXXXX XXXXX 000
XXXXXXXXXX, XXXXXXXX 00000
(000) 000-0000
March 6, 2001
Mr. Xxxxxx Xxxx
Xxxxxx Associates
0 Xxxxx XxXxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxx 00000-0000
Dear Bob:
Please accept this letter for the purpose of providing you
instructions to effect a written plan for trading securities under SEC
Rule 10b5-1(c) for the sale of Gart Sports Company ("Gart") common
stock, par value $.01 per share (the "Common Stock") held in my Xxxxxx
Associates Revocable Trust account. My plan is as follows:
1. Sell 70,000 shares of Gart Common Stock at a price of at
least $14.10 per share as soon as possible starting on the
second day following the date of this letter.
2. Sell an additional 70,000 shares of Gart Common Stock at a
price of at least $17.10 per share, as soon as possible
starting on the second day following the date of this
letter.
3. All sales are to be made subject to and in compliance with
SEC Rule 144.
4. All such sales are to be made on or before June 30, 2001 and
no sales are to be made pursuant to this plan after that
date.
You are hereby directed to sell shares of Common Stock held in my
Xxxxxx Associates Revocable Trust account to effect and in accordance
with the terms of this plan.
Should you have any questions regarding this plan, please contact
Xxx Xxxxxxx or Xxxx XxXxxxx at Xxxxxxx Financial Management at (312)
960-0200.
Sincerely yours,
/s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxxxx