Sharon Mccollam - Feb 28, 2022 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Bipasha Mukherjee, attorney-in-fact
Stock symbol
ACI
Transactions as of
Feb 28, 2022
Transactions value $
-$469,548
Form type
4
Date filed
3/2/2022, 07:37 PM
Previous filing
Feb 14, 2022
Next filing
Aug 11, 2022

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 +20.1K 20.1K Feb 28, 2022 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability -$230K -7.89K -39.35% $29.15 12.2K Feb 28, 2022 Direct
transaction ACI Class A common stock, par value $0.01 Options Exercise +20.9K +171.7% 33K Feb 28, 2022 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability -$240K -8.22K -24.87% $29.15 24.8K Feb 28, 2022 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 Time-based Restricted StockUnits Options Exercise -20.1K -33.33% 40.1K Feb 28, 2022 Class A common stock, par value $0.01 20.1K Direct F2
transaction ACI Time-based Restricted Stock Units Options Exercise -20.9K -33.33% 41.8K Feb 28, 2022 Class A common stock, par value $0.01 20.9K Direct F2
transaction ACI Time-based Restricted Stock Units Award +68.6K 68.6K Feb 28, 2022 Class A common stock, par value $0.01 68.6K Direct F3
transaction ACI Performance-based Restricted Stock Units Award +68.6K 68.6K Feb 28, 2022 Class A common stock, par value $0.01 68.6K Direct F4

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.
F2 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 two remaining installments on February 25, 2023 and February 24, 2024, as long as the reporting person remains continuously employed through such respective date.
F3 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 25, 2023, February 24, 2024 and February 22, 2025 as long as the reporting person remains continuously employed through such respective date.
F4 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 2022, 2023 and 2024 fiscal years of the Company. The reported number of performance restricted stock units represents the "target" amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals.