SUPERVALU INC 4
4 · SUPERVALU INC · Filed Apr 29, 2016
Insider Transaction Report
Form 4
CLAUSE ERIC
Chief Executive Officer- SAL
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2016-04-28+159,238→ 159,238 totalExercise: $5.64Exp: 2026-04-28→ Common Stock (159,238 underlying) - Award
Performance Shares
2016-04-28+75,355→ 75,355 totalExercise: $0.00→ Common Stock (75,355 underlying) - Award
Restricted Stock Units
2016-04-28+75,355→ 75,355 totalExercise: $0.00→ Common Stock (75,355 underlying)
Footnotes (5)
- [F1]Grant to reporting person of option to purchase shares of common stock under Issuer's 2012 Stock Plan (which includes tax withholding rights) in transaction exempt under Rule 16b-3.
- [F2]Vesting occurs and the option becomes exercisable as to 34% of the shares on the first anniversary, 33% of the shares on the second anniversary and 33% of the shares on the third anniversary of the grant date.
- [F3]Each stock unit represents a contingent right to receive one share of SUPERVALU common stock.
- [F4]The units will be converted into shares of SUPERVALU common stock on the third anniversary of the April 28, 2016 grant date if SUPERVALU achieves a certain total shareholder return goal.
- [F5]The units will be converted into shares of SUPERVALU common stock on the first three anniversaries of the April 28, 2016 grant date.