Harriet Edelman - Jun 17, 2021 Form 4 Insider Report for BED BATH & BEYOND INC (BBBYQ)

Role
Director
Signature
/s/ Katherine Walden, Attorney-in-Fact
Stock symbol
BBBYQ
Transactions as of
Jun 17, 2021
Transactions value $
$0
Form type
4
Date filed
6/22/2021, 04:35 PM
Previous filing
May 17, 2021
Next filing
Jul 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBBYQ Common Stock, $.01 par value per share Award $0 +5.07K +16.84% $0.00 35.2K Jun 17, 2021 Direct F1
transaction BBBYQ Common Stock, $.01 par value per share Award $0 +1.69K +4.81% $0.00 36.9K Jun 17, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock under the Issuer's 2012 Incentive Compensation Plan valued at $150,000, issued as part of annual director compensation and approved by the Board of Directors of the Issuer on June 17, 2021. The number of shares was determined based on a stock price of $29.58, the average of the high and low trading prices of the Issuer's common stock on June 17, 2021. The restricted stock will vest on February 26, 2022, the last day of the fiscal year of grant, provided that the director remains in office until the last day of the fiscal year.
F2 Represents a grant of restricted stock equal to one quarter of the Chair of the Board Retainer for fiscal year 2021, valued at $50,000 and approved by the Board of Directors of the Issuer on June 17, 2021. The number of shares was determined on a stock price of $29.58, the average of the high and low trading prices of the Issuer's common stock on June 17, 2021. The restricted stock will vest on February 26, 2022, the last day of the fiscal year of grant, provided that the director remains in office until the last day of the fiscal year.

Remarks:

Exhibit 24 - Power of Attorney