Sharon Mccollam - Sep 7, 2021 Form 3 Insider Report for Albertsons Companies, Inc. (ACI)

Role: President & CFO
Signature: /s/ Bipasha Mukherjee, attorney-in-fact
Stock symbol: ACI
Transactions as of: Sep 7, 2021
Transactions value $: $0
Form type: 3
Date filed: 9/9/2021, 06:06 PM
Previous filing: Jul 19, 2021
Next filing: Sep 13, 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
holding	ACI	Time-based Restricted Stock Units							Sep 7, 2021	Class A common stock, par value $0.01	59.7K		Direct	F1
holding	ACI	Performance-based Restricted Stock Units							Sep 7, 2021	Class A common stock, par value $0.01	59.7K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The awards will vest in three equal installments on February 26, 2022, February 25, 2023 and February 24, 2024, as long as the reporting person remains continuously employed through such respective date.
F2	Each performance-based 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 represents the 'target' amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals.

Content

Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The awards will vest in three equal installments on February 26, 2022, February 25, 2023 and February 24, 2024, as long as the reporting person remains continuously employed through such respective date.

Each performance-based 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 represents the 'target' amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals.