Klaff Realty LP - 27 Feb 2023 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role
Other*, 10%+ Owner
Signature
/s/Ryan Levy, Principal of Klaff Realty, LP
Issuer symbol
ACI
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
10 Mar 2023, 05:17:06 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 Other $0 -44,888,057 -77% $0.000000 13,258,114 27 Feb 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 27, 2023, certain funds and/or accounts managed by the Reporting Person distributed these shares to their members (the "Distribution") for no consideration.
F2 The securities reported herein are held by one or more funds and/or accounts managed by the Reporting Person.

Remarks:

Klaff Realty, LP (the "Reporting Person") through its affiliates previously entered into a stockholders agreement, dated June 25, 2020 (the "Stockholders Agreement"), among Albertsons Companies, Inc. (the "Company") and certain holders of Company Class A common stock (together with the Reporting Person, the "Sponsors"). Pursuant to the Stockholders Agreement, the Sponsors agreed to act in concert and vote together on certain matters relating to the Company. As a result, the Sponsors in the aggregate may be deemed to beneficially own more than 10% of the outstanding shares of Company Class A common stock. As a result of the Distribution, the Stockholders Agreement terminated with respect to the Reporting Person and its affiliates, so the Reporting Person is no longer deemed to beneficially own more than 10% of the outstanding shares of Company Class A common stock. The Reporting Person and its affiliates do not have a pecuniary interest in the securities of the Company held by the other Sponsors.