Chris Rupp - May 12, 2021 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role
Officer
Signature
/s/ Juliette W. Pryor, Attorney-in-Fact for Chris Rupp
Stock symbol
ACI
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 06:20 PM
Next filing
Aug 12, 2021

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

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
* 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"). 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.