Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACI | Restricted Stock Units | Award | +80.5K | 80.5K | May 12, 2021 | Class A common stock,par value $0.01 | 80.5K | Direct | F1 | ||||
transaction | ACI | Performance Restricted Stock Units | Award | +80.5K | 80.5K | May 12, 2021 | Class A common stock,par value $0.01 | 80.5K | Direct | F2 |
Id | Content |
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F1 | Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. ("the Company"). The awards will vest in three equal installments on the last day of each of the next three (3) fiscal years of the Company as follows: (a) one-third on February 26, 2022; (b) one-third on February 25, 2023; and (c) one-third on February 24, 2024, as long as the reporting person remains continuously employed through such date. |
F2 | Each performance restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. These performance restricted stock units are subject to the attainment of performance goals for the 2021, 2022 and 2023 fiscal years of the Company. The reported number of performance restricted stock units represents the "target" amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals. |