Jubilee ABS Holding LLC - Dec 19, 2022 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role: Other*
Signature: /s/ Ben Kraner
Stock symbol: ACI
Transactions as of: Dec 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/21/2022, 03:55 PM

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	Other	$0	-30.3M	-52.11%	$0.00	27.8M	Dec 19, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	On December 19, 2022, 30,290,647 shares of Issuer's Class A common stock held by Jubilee ABS Holding LLC (the "Reporting Person") were distributed to all of the members of the Reporting Person in a pro rata distribution for no consideration.
F2	The Reporting Person has entered into a stockholders' agreement dated June 25, 2020 (the "Stockholders' Agreement") among the Issuer and certain holders of Issuer's Class A common stock (together with the Reporting Person, the "Sponsors"). Pursuant to the Stockholders' Agreement, the Sponsors have agreed to act in concert and vote together on certain matters relating to the Issuer. As a result, the Sponsors in the aggregate may be deemed to beneficially own more than 10% of the outstanding shares of the Issuer's Class A common stock. However, the Reporting Person and its affiliates do not have a pecuniary interest in the securities of the Issuer held by the other Sponsors.

Content

On December 19, 2022, 30,290,647 shares of Issuer's Class A common stock held by Jubilee ABS Holding LLC (the "Reporting Person") were distributed to all of the members of the Reporting Person in a pro rata distribution for no consideration.

The Reporting Person has entered into a stockholders' agreement dated June 25, 2020 (the "Stockholders' Agreement") among the Issuer and certain holders of Issuer's Class A common stock (together with the Reporting Person, the "Sponsors"). Pursuant to the Stockholders' Agreement, the Sponsors have agreed to act in concert and vote together on certain matters relating to the Issuer. As a result, the Sponsors in the aggregate may be deemed to beneficially own more than 10% of the outstanding shares of the Issuer's Class A common stock. However, the Reporting Person and its affiliates do not have a pecuniary interest in the securities of the Issuer held by the other Sponsors.