Evan Rainwater - 22 Feb 2022 Form 3 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Bipasha Mukherjee, attorney-in-fact
Issuer symbol
ACI
Transactions as of
22 Feb 2022
Net transactions value
$0
Form type
3
Filing time
07 Mar 2022, 19:51:07 UTC
Next filing
11 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACI Class A common stock, par value $0.01 22,143 22 Feb 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
holding ACI Performance-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 21,083 Direct F1
holding ACI Performance-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 40,691 Direct F2
holding ACI Performance-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 22,813 Direct F3
holding ACI Time-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 10,172 Direct F4
holding ACI Time-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 15,379 Direct F5
holding ACI Time-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 20,583 Direct F6
holding ACI Performance-based Restricted Stock Units 22 Feb 2022 Class A common stock, par value $0.01 20,583 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock 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. The reported restricted stock units will be released based upon the performance of the company for 2021 fiscal year.
F2 Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. The awards will fully vest on February 25, 2023, as long as the reporting person remains continuously employed through each vesting date. These performance restricted stock units are subject to the attainment of performance goals for the 2023 fiscal year 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.
F3 Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. The awards will fully vest on February 24, 2024, as long as the reporting person remains continuously employed through each vesting date. These performance restricted stock units are subject to the attainment of performance goals for the 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.
F4 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 annual installments which commenced on May 14, 2020, as long as the reporting person remains continuously employed through each vesting date.
F5 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 annual installments which commenced on May 12, 2021, as long as the reporting person remains continuously employed through each vesting date.
F6 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.
F7 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.