Vivek Sankaran - Feb 26, 2024 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Signature
/s/ Maria Fernandez, Attorney-in-Fact for Vivek Sankaran
Stock symbol
ACI
Transactions as of
Feb 26, 2024
Transactions value $
-$1,541,965
Form type
4
Date filed
2/27/2024, 09:22 PM
Previous filing
Feb 13, 2024
Next filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ACI Class A common stock, par value $0.01 Options Exercise +75.1K +3.75% 2.08M Feb 26, 2024 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability -$639K -29.8K -1.43% $21.44 2.05M Feb 26, 2024 Direct
transaction ACI Class A common stock, par value $0.01 Options Exercise +93.2K +4.55% 2.14M Feb 26, 2024 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability -$902K -42.1K -1.96% $21.44 2.1M Feb 26, 2024 Direct

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 ACI Time-based Restricted Stock Units Options Exercise -75.1K -50.11% 74.8K Feb 26, 2024 Class A common stock, par value $0.01 75.1K Direct F2
transaction ACI Time-based Restricted Stock Units Options Exercise -93.2K -33.33% 186K Feb 26, 2024 Class A common stock, par value $0.01 93.2K Direct F3

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc.
F2 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The awards will vest in three equal installments on February 25, 2023, February 24, 2024 and February 22, 2025 as long as the reporting person remains continuously employed through such respective date.
F3 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The award will vest in three equal installments on February 24, 2024, February 22, 2025 and February 28, 2026 as long as the reporting person remains continuously employed through such respective date.