Sharon Mccollam - Sep 9, 2021 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Bipasha Mukherjee, attorney-in-fact
Stock symbol
ACI
Transactions as of
Sep 9, 2021
Transactions value $
$0
Form type
4
Date filed
9/13/2021, 08:51 PM
Previous filing
Sep 9, 2021
Next filing
Nov 16, 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 Time-based Restricted StockUnits Award +62.2K 62.2K Sep 9, 2021 Class A common stock, par value $0.01 62.2K Direct F1
transaction ACI Performance-based Restricted Stock Units Award +62.2K 62.2K Sep 9, 2021 Class A common stock, par value $0.01 62.2K Direct F2

Explanation of Responses:

Id Content
F1 Incentive award for fiscal year 2021. Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. 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 Incentive award for fiscal year 2021. Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. These 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.