KIMCO REALTY CORP - 14 Oct 2022 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role
Other*
Signature
Kimco Realty Corp., by /s/ Raymond Edwards, Executive Vice President
Issuer symbol
ACI
Transactions as of
14 Oct 2022
Net transactions value
-$301,070,000
Form type
4
Filing time
14 Oct 2022, 16:34:47 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACI Class A common stock par value $0.01 Sale $301,070,000 -11,500,000 -29% $26.18 28,338,105 14 Oct 2022 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All securities reported as sold herein were sold by KRS ABS, LLC. Following the transaction reported herein, 28,161,294 securities are held by KRS ABS, LLC and 176,811 are held by KRSX Merge, LLC.
F2 The securities reported herein are held by KRS ABS, LLC and KRSX Merge, LLC. Kimsouth Realty Inc. is the sole member of KRS ABS, LLC and is a wholly-owned subsidiary of Kimkon Inc. Kimkon Inc. is a wholly-owned subsidiary of KRSX Merge, LLC. KRSX Merge, LLC is a wholly-owned subsidiary of the Reporting Person.
F3 The Reporting Person may be deemed to share beneficial ownership of the securities reported herein held by KRS ABS, LLC and KRSX Merge, LLC, but disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any. Each of Kimsouth Realty Inc., Kimkon Inc. and KRSX Merge, LLC may be deemed to share beneficial ownership of the securities reported herein held by KRS ABS, LLC, but each disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.

Remarks:

KRS ABS, LLC and KRSX Merge, LLC, each an indirect subsidiary of Kimco Realty Corp. and a holder of shares of Class A common stock of the Issuer, have entered into a stockholders agreement, dated June 25, 2020 (the "Stockholders Agreement"), among the Issuer and certain other holders of Class A common stock (such holders, together with KRS ABS, LLC and KRSX Merge, LLC, the "Sponsors"). Pursuant to the Stockholders Agreement, the Sponsors have agreed to vote together on certain matters relating to the Issuer. As a result, the Sponsors may be deemed members of a group that beneficially owns more than 10% of the outstanding shares of Class A common stock of the Issuer. However, none of KRS ABS, LLC and KRSX Merge, LLC, or their respective affiliates, including Kimco Realty Corp., has a pecuniary interest in the securities of the Issuer held by the other Sponsors.