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
  1. 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.
  2. 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.