Geoff White - May 11, 2021 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role: EVP & Chief Merch Officer
Signature: /s/ Juliette W. Pryor, Attorney-in-Fact for Geoff White
Stock symbol: ACI
Transactions as of: May 11, 2021
Transactions value $: -$690,648
Form type: 4
Date filed: 5/13/2021, 04:34 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+34.4K	+32.09%		141K	May 11, 2021	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$332K	-17K	-12.04%	$19.49	124K	May 11, 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+34.4K	+27.62%		159K	May 11, 2021	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$332K	-17K	-10.73%	$19.49	142K	May 11, 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+1.37K	+0.97%		143K	May 11, 2021	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$13.3K	-682	-0.48%	$19.49	142K	May 11, 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+1.37K	+0.96%		144K	May 11, 2021	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$13.3K	-682	-0.47%	$19.49	143K	May 11, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Shares	Change %	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	ACI	Restricted Stock Units	Options Exercise	-34.4K	-100%	May 11, 2021	Class A common stock, par value $0.01	34.4K	Direct	F1
transaction	ACI	Restricted Stock Units	Options Exercise	-34.4K	-100%	May 11, 2021	Class A common stock, par value $0.01	34.4K	Direct	F1
transaction	ACI	Restricted Stock Units	Options Exercise	-1.37K	-100%	May 11, 2021	Class A common stock, par value $0.01	1.37K	Direct	F2
transaction	ACI	Restricted Stock Units	Options Exercise	-1.37K	-100%	May 11, 2021	Class A common stock, par value $0.01	1.37K	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company") and to receive a tax bonus equal to 4% of the fair market value of the Class A common stock paid to the reporting person in respect of vested restricted stock units. For this vesting event, the reporting person elected to receive the tax bonus in the form of vested restricted stock units, and not in cash, as reported in Note 2 below. The awards vested in full on May 11, 2021.
F2	Each restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. As a result of the reporting person electing to receive their tax bonus in vested restricted stock units, the awards were granted and vested in full on May 11, 2021.

Content

Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company") and to receive a tax bonus equal to 4% of the fair market value of the Class A common stock paid to the reporting person in respect of vested restricted stock units. For this vesting event, the reporting person elected to receive the tax bonus in the form of vested restricted stock units, and not in cash, as reported in Note 2 below. The awards vested in full on May 11, 2021.

Each restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. As a result of the reporting person electing to receive their tax bonus in vested restricted stock units, the awards were granted and vested in full on May 11, 2021.