Susan Morris - 28 Feb 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
Issuer symbol: ACI
Transactions as of: 28 Feb 2022
Net transactions value: -$955,216
Form type: 4/A - Amendment
Filing time: 10 Mar 2022, 18:44:06 UTC
Date Of Original Report: 03 Mar 2022
Previous filing: 14 Feb 2022
Next filing: 28 Apr 2022
SEC: View on sec.gov

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		+68,719	+9.2%		817,904	28 Feb 2022	Direct	F1
transaction	ACI	Class A common stock, par value $0.01	Tax liability	$918,458	-31,508	-3.9%	$29.15	786,396	28 Feb 2022	Direct
transaction	ACI	Class A common stock, par value $0.01	Options Exercise		+2,749	+0.35%		789,145	28 Feb 2022	Direct	F2
transaction	ACI	Class A common stock, par value $0.01	Tax liability	$36,758	-1,261	-0.16%	$29.15	787,884	28 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
transaction	ACI	Time-based Restricted Stock Units	Options Exercise		-68,719	-100%		0	28 Feb 2022	Class A common stock, par value $0.01	68,719		Direct	F1
transaction	ACI	Time-based Restricted Stock Units	Options Exercise		-2,749	-100%		0	28 Feb 2022	Class A common stock, par value $0.01	2,749		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.