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

Role
Chief Executive Officer, Director
Signature
/s/ Bipasha Mukherjee, attorney-in-fact
Stock symbol
ACI
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 08:09 PM
Next filing
May 16, 2022

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 Stock Units Award +163K 163K Feb 28, 2022 Class A common stock, par value $0.01 163K Direct F1
transaction ACI Performance-based Restricted Stock Units Award +163K 163K Feb 28, 2022 Class A common stock, par value $0.01 163K Direct F2

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 25, 2023, February 24, 2024 and February 22, 2025 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 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.