Thomas D. Donohue - 16 Jun 2022 Form 4 Insider Report for Barnes & Noble Education, Inc. (BNED)

Role
EVP, CFO
Signature
/s/ Thomas D. Donohue
Issuer symbol
BNED
Transactions as of
16 Jun 2022
Net transactions value
$0
Form type
4
Filing time
21 Jun 2022, 16:51:24 UTC
Previous filing
27 Sep 2021
Next filing
22 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNED Common Stock Award $0 +55,556 +23% $0.000000 294,874 16 Jun 2022 Direct F1

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 BNED Non-Qualified Stock Option (Right to Buy) Award $0 +47,484 $0.000000 47,484 16 Jun 2022 Common Stock 47,484 $2.36 Direct F2
transaction BNED Non-Qualified Stock Option (Right to Buy) Award $0 +51,346 $0.000000 51,346 16 Jun 2022 Common Stock 51,346 $4.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of common stock, par value $0.01, of the Company. The RSUs vest and will be settled in three equal installments on each of June 16, 2023, June 16, 2024 and June 16, 2025, or in each case, if such date is not a business day, the business day immediately following such date.
F2 Non-qualified Stock Options granted with an exercise price of $2.36 per share, which was the fair market value on the date of grant. These Options will vest in four equal installments on each of June 16, 2023, June 16, 2024, June 16, 2025 and June 16, 2026 and will expire on June 16, 2032.
F3 Non-qualified Stock Options granted with an above market exercise price of $4.86 per share. These Options will vest in four equal installments on each of June 16, 2023, June 16, 2024, June 16, 2025 and June 16, 2026 and will expire on June 16, 2032.