Rafeh Masood - May 10, 2021 Form 4 Insider Report for BED BATH & BEYOND INC (BBBYQ)

Role
EVP, Chief Digital Officer
Signature
/s/ Sarah W. Gregory, Attorney-in-Fact
Stock symbol
BBBYQ
Transactions as of
May 10, 2021
Transactions value $
-$850,573
Form type
4
Date filed
5/12/2021, 05:14 PM
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBBYQ Common Stock, $.01 par value per share Award $0 +17.8K +11.31% $0.00 176K May 10, 2021 Direct F1
transaction BBBYQ Common Stock, $.01 par value per share Tax liability -$851K -34.8K -19.84% $24.42* 141K May 11, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") awarded to the Reporting Person under the Issuer's 2012 Incentive Compensation Plan. 5,946 of the RSUs will vest on May 10, 2022, 5,946 of the RSUs will vest on May 10, 2023, and 5,947 of the RSUs will vest on May 10, 2024, in each case, subject to the terms, conditions and restrictions of the award agreement governing the grant.
F2 Represents the surrender of shares to the Issuer to satisfy Mr. Masood's tax withholding obligation upon the vesting of RSUs previously granted to Mr. Masood.