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

Role: EVP & Chief HR Officer
Signature: /s/ Juliette W. Pryor, Attorney-in-Fact for Michael T. Theilmann
Stock symbol: ACI
Transactions as of: Mar 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/22/2023, 05:27 PM
Previous filing: Mar 1, 2023
Next filing: Apr 26, 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		+54.7K			54.7K	Mar 20, 2023	Class A common stock,par value $0.01	54.7K		Direct	F1
transaction	ACI	Performance-Based Restricted Stock Units	Award		+54.7K			54.7K	Mar 20, 2023	Class A common stock,par value $0.01	54.7K		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"). 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.

Content

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.

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.