Michael Connolly Miller - 22 Sep 2023 Form 4 Insider Report for Barnes & Noble Education, Inc. (BNED)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Sep 2023, 16:41:42 UTC
Prior SEC filing
21 Jun 2023
Next SEC filing
18 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael C. Miller

Key filing fact

Michael Connolly Miller filed Form 4 for Barnes & Noble Education, Inc. (BNED) on 26 Sep 2023.

Key facts

  • This page summarizes Michael Connolly Miller's Form 4 filing for Barnes & Noble Education, Inc. (BNED).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Sep 2023, 16:41.

Change

  • Previous filing in this sequence was filed on 21 Jun 2023.
  • Current net transaction value: -$78,589.

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.

BNED transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+60,976
Change %
+41%
Price
$0.000000
Shares after
210,482
Date
22 Sep 2023
Ownership
Direct
Footnotes
F1
BNED transaction

Common Stock

Disposed to Issuer

Transaction value
$67,683
Shares
-60,976
Change %
-29%
Price
$1.11
Shares after
149,506
Date
22 Sep 2023
Ownership
Direct
Footnotes
F1
BNED transaction

Common Stock

Tax liability

Transaction value
$10,906
Shares
-9,825
Change %
-6.6%
Price
$1.11
Shares after
139,681
Date
23 Sep 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BNED transaction Derivative

Phantom Share Unit

Options Exercise

Transaction value
$0
Shares
-60,976
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
60,976
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each share of phantom stock is the economic equivalent of one share of common stock of the Company and was settled in cash at a value of $1.11 per share. The terms of the phantom stock provide that the shares will be settled based on the fair market value of a share of common stock at each vesting date in an amount not to exceed $7.38 per share.

Footnote 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.

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