David G. Henderson - Jun 19, 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 19, 2022
Transactions value $
-$25,926
Form type
4
Date filed
6/22/2022, 04:45 PM
Previous filing
Jun 21, 2022
Next filing
Sep 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNED Common Stock Disposed to Issuer $0 -28.4K -14.96% $0.00 162K Jun 19, 2022 Direct F1
transaction BNED Common Stock Tax liability -$15K -5.84K -3.61% $2.57 156K Jun 19, 2022 Direct F2
transaction BNED Common Stock Tax liability -$10.9K -4.25K -2.73% $2.57 151K Jun 19, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of unearned shares pursuant to June 19, 2019 Performance Unit award based upon final achievement level of 45.75% of target. See Form 4 filed June 21, 2019 for additional performance and vesting information. These performance unit grants were originally issued at 100% of target and became fully vested on June 19, 2022 after the lapse of the required holding period.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of the Performance Units granted to the reporting person on June 19, 2019.
F3 Shares withheld by the Issuer on vesting of restricted stock units (payable solely in common stock of the Issuer on each vesting date) to cover applicable withholding taxes.