Michael P. Huseby - 19 Jun 2022 Form 4 Insider Report for Barnes & Noble Education, Inc. (BNED)

Role
Chairman and CEO, Director
Signature
/s/ Michael P. Huseby
Issuer symbol
BNED
Transactions as of
19 Jun 2022
Net transactions value
-$326,094
Form type
4
Filing time
22 Jun 2022, 16:46:06 UTC
Previous filing
21 Jun 2022
Next filing
26 Sep 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 Disposed to Issuer $0 -170,500 -13% $0.000000 1,137,791 19 Jun 2022 Direct F1
transaction BNED Common Stock Tax liability $188,646 -73,403 -6.5% $2.57 1,064,388 19 Jun 2022 Direct F2
transaction BNED Common Stock Tax liability $137,449 -53,482 -5% $2.57 1,010,906 19 Jun 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.