Jason Jude Hogg - 14 Feb 2022 Form 4 Insider Report for RENT A CENTER INC DE (UPBD)

Role
EVP-Acima
Signature
/s/ Bryan Pechersky, attorney-in-fact
Issuer symbol
UPBD
Transactions as of
14 Feb 2022
Net transactions value
+$3,251,646
Form type
4
Filing time
16 Feb 2022, 16:12:51 UTC
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPBD COMMON STOCK Award $5,119,831 +131,480 +1537% $38.94 140,035 14 Feb 2022 Direct F1, F2
transaction UPBD COMMON STOCK Tax liability $1,868,185 -47,976 -34% $38.94 92,059 14 Feb 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Company's relative TSR over the three-year measurement period ending December 31, 2021, established in connection with performance-based restricted stock units granted to the reporting person on July 1, 2020, ranked in the 91st percentile, resulting in thevesting of 200% of such performance-based restricted stock units. This grant was in connection with the reporting person's hiring and took into account, among other considerations, the fact that the reporting person would be forfeiting equity from a previous employer.
F2 Includes shares of common stock and unvested restricted stock units.
F3 Number of shares withheld to cover taxes with respect to performance-based restricted stock units which vested on February 14, 2022.