04/25/2025 | Press release | Distributed by Public on 04/25/2025 19:10
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|
||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Time-based Restricted Stock Units | (2) | 04/17/2025 | A | 44,910 | (2) | (2) | Class A common stock, par value $0.01 | 44,910 | (2) | 44,910 | D | ||||
Performance-based Restricted Stock Units | (3) | 04/17/2025 | A | 14,970 | (3) | (3) | Class A common stock, par value $0.01 | 14,970 | (3) | 14,970 | D | ||||
Performance-based Restricted Stock Units | (3) | 04/17/2025 | A | 14,970 | (3) | (3) | Class A common stock, par value $0.01 | 14,970 | (3) | 14,970 | D | ||||
Performance-based Restricted Stock Units | (3) | 04/17/2025 | A | 14,970 | (3) | (3) | Class A common stock, par value $0.01 | 14,970 | (3) | 14,970 | D | ||||
Performance-based Restricted Stock Units | (4) | 04/23/2025 | M | 44,321 | (4) | (4) | Class A common stock, par value $0.01 | 44,321 | (4) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Theilmann Michael T C/O ALBERTSONS COMPANIES, INC. 250 E PARKCENTER BLVD. BOISE, ID 83706 |
EVP & Chief HR Officer |
/s/ Maria Fernandez, Attorney-in-Fact for Michael Theilmann | 04/25/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. (the "Company"). |
(2) | Each time-based restricted stock unit ("TBRSU") entitles the holder to one share of Class A common stock of Albertsons Companies, Inc. (the "Company"). The award vests in three equal installments on February 28, 2026, February 27, 2027 and February 26, 2028, provided the reporting person remains continuously employed through each vesting date. |
(3) | Represents one tranche of a performance-based restricted stock unit ("PBRSU") award granted on April 17, 2025. Each PBRSU entitles the holder to one share of Class A common stock of the Company, vesting on February 26, 2028, contingent upon the achievement of performance goals for fiscal years 2025, 2026, and 2027, certification by the Compensation Committee, and the reporting person's continued service through the certification date. The reported number of PBRSUs is the "target" amount, with the actual number earned depending on performance goal attainment. Additional Remarks. |
(4) | Performance-based restricted stock units granted on February 28, 2022 vested (as adjusted for Company performance) upon certification by the Compensation Committee. |