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

Role: Chief Marketing Officer
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, 08:16 PM
Previous filing: Feb 14, 2022
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		+34.3K			34.3K	Feb 28, 2022	Class A common stock, par value $0.01	34.3K		Direct	F1
transaction	ACI	Performance-based Restricted Stock Units	Award		+34.3K			34.3K	Feb 28, 2022	Class A common stock, par value $0.01	34.3K		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 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.

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