Jonathan Shar - Jun 10, 2024 Form 4/A Insider Report for Barnes & Noble Education, Inc. (BNED)

Role
CEO
Signature
/s/ Jonathan Shar
Stock symbol
BNED
Transactions as of
Jun 10, 2024
Transactions value $
$9,718
Form type
4/A
Date filed
7/16/2024, 05:08 PM
Date Of Original Report
Jun 18, 2024
Previous filing
Sep 26, 2023
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNED Common Stock Purchase $10.4K +208K +208.53% $0.05* 308K Jun 10, 2024 Direct F1
transaction BNED Common Stock Tax liability -$692 -80 -2.6% $8.65 3K Jun 16, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4, filed on June 18, 2024, is amended by this Form 4 Amendment to correct an administrative error that omitted the Reporting Person's acquisition of 208,200 shares pursuant to the Reporting Person's subscription to the Issuer's Rights Offering, which closed on June 10, 2024. As a result, the number of shares reported as beneficially owned by the Reporting Person, adjusted for the Reverse Stock Split (as defined in footnote 3 below), was increased by 2,082 shares.
F2 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.
F3 On June 11, 2024, the Issuer effected a 1-for-100 reverse stock split (the "Reverse Stock Split") of its shares of common stock, par value $0.01 per share. The number of securities beneficially owned was adjusted by dividing by 100 to reflect the Reverse Stock Split.