Thomas Moriarty - Jul 3, 2023 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Bipasha Mukherjee, Attorney-in-Fact for Thomas M. Moriarty
Stock symbol
ACI
Transactions as of
Jul 3, 2023
Transactions value $
$0
Form type
4
Date filed
7/6/2023, 10:47 AM
Previous filing
Jun 12, 2023
Next filing
Aug 14, 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 +79.9K 79.9K Jul 3, 2023 Class A common stock par value $0.01 79.9K Direct F1
transaction ACI Performance-Based Restricted Stock Units Award +79.9K 79.9K Jul 3, 2023 Class A common stock par value $0.01 79.9K 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"). This award 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.