Vivek Sankaran - Apr 24, 2024 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role: Chief Executive Officer, Director
Signature: /s/ Maria Fernandez, Attorney-in-Fact for Vivek Sankaran
Stock symbol: ACI
Transactions as of: Apr 24, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/26/2024, 08:02 PM
Previous filing: Apr 24, 2024
Next filing: May 14, 2024

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	Award		+287K			287K	Apr 24, 2024	Class A common stock, par value $0.01	287K		Direct	F1
transaction	ACI	Performance-based Restricted Stock Units	Award		+287K			287K	Apr 24, 2024	Class A common stock, par value $0.01	287K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company"). The award will vest in three equal installments on February 22, 2025, February 28, 2026 and February 27, 2027, as long as the reporting person remains continuously employed through such respective date.
F2	Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. These performance-based restricted stock units are subject to the attainment of performance goals for the 2024, 2025 and 2026 fiscal years of the Company. The reported number of performance restricted stock units represents the "target" amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals.

Content

Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company"). The award will vest in three equal installments on February 22, 2025, February 28, 2026 and February 27, 2027, as long as the reporting person remains continuously employed through such respective date.

Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. These performance-based restricted stock units are subject to the attainment of performance goals for the 2024, 2025 and 2026 fiscal years of the Company. The reported number of performance restricted stock units represents the "target" amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals.