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 | +71.6K | 71.6K | Mar 20, 2023 | Class A common stock,par value $0.01 | 71.6K | Direct | F1 | ||||
transaction | ACI | Performance-Based Restricted Stock Units | Award | +71.6K | 71.6K | Mar 20, 2023 | Class A common stock,par value $0.01 | 71.6K | Direct | F2 |
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"). The awards will vest in three equal installments on the last day of each of the next three (3) fiscal years of the Company as follows: (a) one-third on February 24, 2024; (b) one-third on February 22, 2025; and (c) one-third on February 28, 2026, as long as the reporting person remains continuously employed through such date. |
F2 | Each restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. These restricted stock units are subject to the attainment of performance goals for the 2023, 2024 and 2025 fiscal years of the Company. The reported number of 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. |