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

Role
EVP, Chief Digital Officer
Signature
/s/ Sarah W. Gregory, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
10 May 2021
Net transactions value
-$850,573
Form type
4
Filing time
12 May 2021, 17:14:26 UTC
Next filing
12 Nov 2021
SEC
View on sec.gov

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 +17,839 +11% $0.000000 175,546 10 May 2021 Direct F1
transaction BBBYQ Common Stock, $.01 par value per share Tax liability $850,573 -34,831 -20% $24.42* 140,715 11 May 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.