Ralph J. Andretta - Feb 15, 2022 Form 4 Insider Report for ALLIANCE DATA SYSTEMS CORP (BFH)

Role
President and CEO, Director
Signature
Benjamin L. Morgan, Attorney in Fact
Stock symbol
BFH
Transactions as of
Feb 15, 2022
Transactions value $
-$713,711
Form type
4
Date filed
2/17/2022, 04:21 PM
Previous filing
Feb 11, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFH Common Stock Award +26.7K +16.05% 193K Feb 15, 2022 Direct F1
transaction BFH Common Stock Award +40.1K +20.75% 233K Feb 15, 2022 Direct F2
transaction BFH Common Stock Tax liability -$714K -9.85K -4.22% $72.48 224K Feb 16, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The new grant is for 26,737 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 8,823 units on each of 2/15/23 and 2/15/24 and on 9,091 units on 2/18/25, subject to continued employment by the Reporting Person on the vesting dates.
F2 The new grant is for 40,105 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down at the time the performance restriction lapses. The restriction may lapse with respect to 100% of such shares on 2/18/25 contingent on meeting predetermined performance measures and subject to continued employment by the Reporting Person on the vesting date.
F3 Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
F4 The total number of securities beneficially owned includes: (a) 22,423 unrestricted shares; (b) 5,311 unvested units from an award of 7,563 time-based restricted stock units granted 2/18/20; (c) 4,795 unvested units from an award of 6,829 time-based restricted stock units granted 2/18/20; (d) 8,827 unvested units from an award of 16,430 time-based restricted stock units granted 2/18/20; (e) 14,263 unvested performance-based restricted stock units granted 2/18/20; (f) 3,186 unvested units from an award of 4,538 performance-based restricted stock units granted 2/18/20; (g) 14,336 unvested units from an award of 20,419 performance-based restricted stock units granted 2/18/20; (h) 44,083 unvested units from an award of 65,795 time-based restricted stock units granted 2/16/21; (i) 39,476 unvested performance-based restricted stock units granted 2/16/21; (j) the new grant for 26,737 time-based restricted stock units; and (k) the new grant for 40,105 performance-based restricted stock units.