Sharon Mccollam - Mar 20, 2023 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Juliette W. Pryor, Attorney-in-Fact for Sharon McCollam
Stock symbol
ACI
Transactions as of
Mar 20, 2023
Transactions value $
$0
Form type
4
Date filed
3/22/2023, 05:17 PM
Previous filing
Mar 1, 2023
Next filing
May 12, 2023

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 Award +115K 115K Mar 20, 2023 Class A common stock, par value $0.01 115K Direct F1
transaction ACI Performance-Based Restricted Stock Units Award +115K 115K Mar 20, 2023 Class A common stock, par value $0.01 115K Direct F2

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"). 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.