Filing Details
- Accession Number:
- 0000905718-20-000868
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-17 16:05:28
- Reporting Period:
- 2020-08-14
- Accepted Time:
- 2020-08-17 16:05:28
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1646972 | Albertsons Companies Inc. | ACI | Retail-Grocery Stores (5411) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1671619 | Vivek Sankaran | C/O Albertsons Companies, Inc. 250 Parkcenter Blvd Boise ID 83706 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.01 | Acquisiton | 2020-08-14 | 25,000 | $14.74 | 1,961,782 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.739 to $14.759 per share of Class A common stock, inclusive. Vivek Sankaran (the "Reporting Person") undertakes to provide to Albertsons Companies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- Includes 1,721,584 shares of restricted Class A common stock held by the Reporting Person which are subject to forfeiture under the terms of the Reporting Person's employment agreement (the "Employment Agreement"), dated March 29, 2019 between the Reporting Person and the Company. 215,198 shares will vest on February 27, 2021, 322,797 on February 26, 2022, 215,198 on February 25, 2023, and 107,599 on February 24, 2024, subject to forfeiture if the performance criteria specified in the Employment Agreement are not met. The remaining shares will vest 215,198 on April 25, 2021, 322,797 on April 25, 2022, 215,198 on April 25, 2023, and 107,599 on April 25, 2024, subject to forfeiture if the Reporting Person is no longer employed by the Company.