Susan Morris - 27 Feb 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
Issuer symbol
ACI
Transactions as of
27 Feb 2021
Net transactions value
-$550,996
Form type
4/A - Amendment
Filing time
17 Jun 2021, 17:29:15 UTC
Date Of Original Report
02 Mar 2021
Previous filing
04 Jun 2021
Next filing
14 May 2021
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 +68,719 +12% 665,831 27 Feb 2021 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability $529,788 -31,800 -4.8% $16.66 634,031 27 Feb 2021 Direct
transaction ACI Class A common stock, par value $0.01 Options Exercise +2,749 +0.43% 636,780 27 Feb 2021 Direct F2
transaction ACI Class A common stock, par value $0.01 Tax liability $21,208 -1,273 -0.2% $16.66 635,507 27 Feb 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 -68,719 -100% 0 27 Feb 2021 Class A common stock, par value $0.01 68,719 Direct F1
transaction ACI Restricted Stock Unit Options Exercise -2,749 -100% 0 27 Feb 2021 Class A common stock, par value $0.01 2,749 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.

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.