David G. Henderson - Jun 16, 2022 Form 4 Insider Report for Barnes & Noble Education, Inc. (BNED)

Role
Pres, MBS; EVP, Strat Services
Signature
/s/ David G. Henderson
Stock symbol
BNED
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
4
Date filed
6/21/2022, 04:51 PM
Previous filing
Sep 27, 2021
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNED Common Stock Award $0 +20.8K +12.32% $0.00 190K Jun 16, 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 +17.8K $0.00 17.8K Jun 16, 2022 Common Stock 17.8K $2.36 Direct F2
transaction BNED Non-Qualified Stock Option (Right to Buy) Award $0 +19.3K $0.00 19.3K Jun 16, 2022 Common Stock 19.3K $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.