Sharon McCollam - 09 Sep 2021 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Bipasha Mukherjee, attorney-in-fact
Issuer symbol
ACI
Transactions as of
09 Sep 2021
Net transactions value
$0
Form type
4
Filing time
13 Sep 2021, 20:51:23 UTC
Previous filing
09 Sep 2021
Next filing
16 Nov 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 +62,170 62,170 09 Sep 2021 Class A common stock, par value $0.01 62,170 Direct F1
transaction ACI Performance-based Restricted Stock Units Award +62,170 62,170 09 Sep 2021 Class A common stock, par value $0.01 62,170 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.