Susan Morris - Feb 28, 2022 Form 4/A - Amendment Insider Report for Albertsons Companies, Inc. (ACI)

Role: EVP & Chief Operations Officer
Signature: /s/ Juliette W. Pryor, attorney-in-fact
Stock symbol: ACI
Transactions as of: Feb 28, 2022
Transactions value $: -$955,216
Form type: 4/A - Amendment
Date filed: 3/10/2022, 06:44 PM
Date Of Original Report: Mar 3, 2022
Previous filing: Feb 14, 2022
Next filing: Apr 28, 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		+68.7K	+9.17%		818K	Feb 28, 2022	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$918K	-31.5K	-3.85%	$29.15	786K	Feb 28, 2022	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+2.75K	+0.35%		789K	Feb 28, 2022	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	-$36.8K	-1.26K	-0.16%	$29.15	788K	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 Stock Units	Options Exercise		-68.7K	-100%		0	Feb 28, 2022	Class A common stock, par value $0.01	68.7K		Direct	F1
transaction	ACI	Time-based Restricted Stock Units	Options Exercise		-2.75K	-100%		0	Feb 28, 2022	Class A common stock, par value $0.01	2.75K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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. (the "Company") and to receive a tax bonus equal to 4% of the fair market value of the Class A common stock paid to the reporting person in respect of vested restricted stock units. For this vesting event, the reporting person elected to receive the tax bonus in the form of vested restricted stock units, and not in cash, as reported in Note 2 below. The awards vested in full on February 28, 2022.
F2	Each restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. As a result of the reporting person electing to receive their tax bonus in vested restricted stock units, the awards were granted and vested in full on February 28, 2022.

Content

Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company") and to receive a tax bonus equal to 4% of the fair market value of the Class A common stock paid to the reporting person in respect of vested restricted stock units. For this vesting event, the reporting person elected to receive the tax bonus in the form of vested restricted stock units, and not in cash, as reported in Note 2 below. The awards vested in full on February 28, 2022.

Each restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. As a result of the reporting person electing to receive their tax bonus in vested restricted stock units, the awards were granted and vested in full on February 28, 2022.

Remarks:

This amendment is being filed to report the vesting of restricted stock units on February 28, 2022 that were inadvertently omitted from the original report filed on March 3, 2022.