| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BFH | Common Stock | Award | +16.9K | +45.37% | 54.1K | Mar 24, 2023 | Direct | F1, F3 | ||
| transaction | BFH | Common Stock | Award | +25.3K | +46.82% | 79.4K | Mar 24, 2023 | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | The new grant is for 16,873 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 5,568 units vesting on each of 3/25/24 and 2/18/25 and 5,737units vesting on 2/17/26, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates. |
| F2 | The new grant is for 25,310 shares of common stock represented by performance-based RSUs, which may be adjusted up or down at the time the performance targets are measured at the end of the three-year performance period. These performance-based RSUs may vest on 2/17/26 contingent on meeting predetermined performance measures and subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting date. |
| F3 | Due to evolving macroeconomic conditions impacting the process of setting the appropriate performance-based RSU targets, these grants were approved later than usual in the grant cycle. However, for administrative convenience, the second and third years of the time-based RSUs and, if the performance targets are achieved, the three-year performance-based RSUs will vest on the Company's typical vesting schedule in mid-February of the applicable year. |
| F4 | The total number of securities beneficially owned includes: (a) 6,786 unrestricted shares; (b) 7,628 unvested units from an award of 11,385 time-based restricted stock units granted 7/15/21; (c) 3,623 unvested performance-based restricted stock units granted 7/15/21; (d) 5,914 unvested units from an award of 8,826 time-based restricted stock units granted 2/15/22; (e) 13,239 unvested performance-based restricted stock units granted 2/15/22; (f) the new grant for 16,873 time-based restricted stock units; and (g) the new grant for 25,310 performance-based restricted stock units. |