BED BATH & BEYOND INC 4
4 · BED BATH & BEYOND INC · Filed May 12, 2017
Insider Transaction Report
Form 4
EISENBERG WARREN
DirectorCo-Chairman
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2017-05-10$37.49/sh−1,622$60,817→ 63,625 total - Tax Payment
Common Stock, par value $0.01 per share
2017-05-10$37.49/sh−1,602$60,067→ 62,023 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2017-05-10+8,237→ 70,260 total - Tax Payment
Common Stock, par value $0.01 per share
2017-05-10$37.49/sh−3,069$115,072→ 67,191 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2017-05-11+5,285→ 72,476 total - Tax Payment
Common Stock, par value $0.01 per share
2017-05-11$37.00/sh−1,969$72,858→ 70,507 total - Award
Performance Stock Units
2017-05-10+16,474→ 16,474 total→ Common Stock (16,474 underlying) - Exercise/Conversion
Performance Stock Units
2017-05-10−8,237→ 8,237 total→ Common Stock (8,237 underlying) - Award
Performance Stock Units
2017-05-10+6,016→ 6,016 total→ Common Stock (6,016 underlying) - Exercise/Conversion
Performance Stock Units
2017-05-11−5,285→ 5,285 total→ Common Stock (5,285 underlying)
Holdings
- 347,942(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 1,000,000(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (11)
- [F1]Represents the surrender of shares to the Company to satisfy Mr. Eisenberg's tax withholding obligation upon the vesting of shares of restricted stock previously granted to Mr. Eisenberg.
- [F10]With certain exceptions, the PSUs vest on May 12, 2018, subject to Mr. Eisenberg's continued service to the Company on such date.
- [F11]With certain exceptions, the PSUs vest in three equal annual installments commencing on May 11, 2016, subject to Mr. Eisenberg's continued service to the Company on such dates.
- [F2]The amount of shares reported reflects (i) Mr. Eisenberg's prior (A) receipt of 521,913 shares from a trust and (B) contribution of 1,000,000 shares to a trust and (ii) Mr. Eisenberg's spouse's prior receipt of 347,942 shares from a trust. Each of the foregoing transactions was exempt from reporting pursuant to Rule 16a-13.
- [F3]Represents the vesting of performance stock units ("PSUs") previously granted to Mr. Eisenberg.
- [F4]The PSUs convert on a one-for-one basis into common stock.
- [F5]Represents the surrender of shares to the Company to satisfy Mr. Eisenberg's tax withholding obligation upon the vesting of PSUs previously granted to Mr. Eisenberg.
- [F6]Represents shares held by Maxine Eisenberg, Mr. Eisenberg's spouse. Mr. Eisenberg disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F7]Represents shares held by a trust for the benefit of Mr. Eisenberg and his family members. Mr. Eisenberg disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F8]Represents PSUs earned based upon the achievement of a performance-based test for these PSUs previously granted.
- [F9]With certain exceptions, the PSUs vest in two equal annual installments commencing on May 10, 2017, subject to Mr. Eisenberg's continued service to the Company on such dates.