Tammy M. McConnaughey - 15 Feb 2022 Form 4 Insider Report for ALLIANCE DATA SYSTEMS CORP (BFH)

Signature
Benjamin L. Morgan, Attorney in Fact
Issuer symbol
BFH
Transactions as of
15 Feb 2022
Net transactions value
-$141,873
Form type
4
Filing time
17 Feb 2022, 16:24:36 UTC
Previous filing
11 Feb 2022
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFH Common Stock Award +6,077 +15% 47,933 15 Feb 2022 Direct F1
transaction BFH Common Stock Award +9,115 +19% 57,048 15 Feb 2022 Direct F2
transaction BFH Common Stock Tax liability $9,453 -132 -0.23% $71.61 56,916 15 Feb 2022 Direct F3
transaction BFH Common Stock Tax liability $132,421 -1,827 -3.2% $72.48 55,089 16 Feb 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 6,077 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 2,005 units on each of 2/15/23 and 2/15/24 and on 2,067 units on 2/18/25, subject to continued employment by the Reporting Person on the vesting dates.
F2 The new grant is for 9,115 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) 18,633.055 unrestricted shares; (b) 1,367 unvested units from an award of 1,946 time-based restricted stock units granted 2/18/20; (c) 10,497 unvested units from an award of 15,667 time-based restricted stock units granted 2/16/21; (d) 9,400 unvested performance-based restricted stock units granted 2/16/21; (e) the new grant for 6,077 time-based restricted stock units; and (f) the new grant for 9,115 performance-based restricted stock units.