Susan Morris - Feb 27, 2021 Form 4/A - Amendment Insider Report for Albertsons Companies, Inc. (ACI)

Role: EVP & Chief Operations Officer
Signature: /s/ Juliette W. Pryor, Attorney-in-Fact for Susan Morris
Stock symbol: ACI
Transactions as of: Feb 27, 2021
Transactions value $: -$550,996
Form type: 4/A - Amendment
Date filed: 6/17/2021, 05:29 PM
Date Of Original Report: Mar 2, 2021
Previous filing: Jun 4, 2021
Next filing: May 14, 2021

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		+68.7K	+11.51%		666K	Feb 27, 2021	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$530K	-31.8K	-4.78%	$16.66	634K	Feb 27, 2021	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+2.75K	+0.43%		637K	Feb 27, 2021	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$21.2K	-1.27K	-0.2%	$16.66	636K	Feb 27, 2021	Direct

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 Unit	Options Exercise		-68.7K	-100%		0	Feb 27, 2021	Class A common stock, par value $0.01	68.7K		Direct	F1
transaction	ACI	Restricted Stock Unit	Options Exercise		-2.75K	-100%		0	Feb 27, 2021	Class A common stock, par value $0.01	2.75K		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 February 27, 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 February 27, 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 February 27, 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 February 27, 2021.

Remarks:

This amendment is being filed to report the vesting of restricted stock units on February 27, 2021 that were inadvertently omitted from the original report filed on March 2, 2021.