Jay L. Schottenstein - 19 Dec 2022 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Dec 2022, 15:53:20 UTC
Prior SEC filing
11 Oct 2022
Next SEC filing
30 Dec 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jay L Schottenstein

Key filing fact

Jay L. Schottenstein filed Form 4 for Albertsons Companies, Inc. (ACI) on 21 Dec 2022.

Key facts

  • This page summarizes Jay L. Schottenstein's Form 4 filing for Albertsons Companies, Inc. (ACI).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 21 Dec 2022, 15:53.

Change

  • Previous filing in this sequence was filed on 11 Oct 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACI transaction

Class A common stock, par value $0.01

Other

Transaction value
$0
Shares
-30,290,647
Change %
-52%
Price
$0.000000
Shares after
27,838,105
Date
19 Dec 2022
Ownership
See footnotes
Footnotes
F1, F2, F3
ACI transaction

Class A common stock, par value $0.01

Other

Transaction value
$0
Shares
+14,388,744
Change %
+82590%
Price
$0.000000
Shares after
14,406,166
Date
19 Dec 2022
Ownership
See footnotes
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On December 19, 2022, 30,290,647 shares of Issuer's Class A common stock held by Jubilee ABS Holding LLC ("Jubilee") were distributed to all of the members of Jubilee in a pro rata distribution for no consideration, including 14,388,744 shares of Issuer's Class A common stock distributed to trusts or entities owned or controlled by Jay L. Schottenstein (the "Reporting Person").

Footnote F2

Jubilee and/or one or more of its affiliates have entered into a stockholders' agreement, dated June 25, 2020 (the "Stockholders' Agreement"), among the Issuer and certain holders of Company Class A common stock (together with Jubilee, the "Sponsors"). Pursuant to the Stockholders' Agreement, the Sponsors have agreed to act in concert and vote together on certain matters relating to the Company. As a result, the Sponsors in the aggregate may be deemed to beneficially own more than 10% of the outstanding shares of Company Class A common stock. The Reporting Person may be deemed the indirect beneficial owner of the shares held by Jubilee through his indirect interest in Jubilee. However, the Reporting Person and his affiliates do not have a pecuniary interest in the securities of the Company held by the other Sponsors.

Footnote F3

The securities reported herein are held by one or more funds and/or accounts managed by the Reporting Person. The Reporting Person expressly disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.

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