GEOFF WHITE - 11 May 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
Issuer symbol: ACI
Transactions as of: 11 May 2021
Net transactions value: -$690,648
Form type: 4
Filing time: 13 May 2021, 16:34:47 UTC
SEC: View on sec.gov

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		+34,358	+32%		141,428	11 May 2021	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	$332,012	-17,035	-12%	$19.49	124,393	11 May 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+34,362	+28%		158,755	11 May 2021	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	$332,051	-17,037	-11%	$19.49	141,718	11 May 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+1,374	+0.97%		143,092	11 May 2021	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	$13,292	-682	-0.48%	$19.49	142,410	11 May 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+1,374	+0.96%		143,784	11 May 2021	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	$13,292	-682	-0.47%	$19.49	143,102	11 May 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	-34,358	-100%	11 May 2021	Class A common stock, par value $0.01	34,358	Direct	F1
transaction	ACI	Restricted Stock Units	Options Exercise	-34,362	-100%	11 May 2021	Class A common stock, par value $0.01	34,362	Direct	F1
transaction	ACI	Restricted Stock Units	Options Exercise	-1,374	-100%	11 May 2021	Class A common stock, par value $0.01	1,374	Direct	F2
transaction	ACI	Restricted Stock Units	Options Exercise	-1,374	-100%	11 May 2021	Class A common stock, par value $0.01	1,374	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.