TEMARES STEVEN H 4
4 · BED BATH & BEYOND INC · Filed May 14, 2019
Insider Transaction Report
Form 4
TEMARES STEVEN H
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Performance Stock Units
2019-05-12−57,365→ 57,365 total→ Common Stock (57,365 underlying) - Tax Payment
Common Stock, par value $0.01 per share
2019-05-12$15.68/sh−63,481$995,427→ 916,039 total - Exercise/Conversion
Performance Stock Units
2019-05-11−36,806→ 0 total→ Common Stock (36,806 underlying) - Award
Performance Stock Units
2019-05-12+114,730→ 114,730 total→ Common Stock (114,730 underlying) - Award
Performance Stock Units
2019-05-12+130,846→ 130,846 total→ Common Stock (130,846 underlying) - Exercise/Conversion
Performance Stock Units
2019-05-12−130,846→ 0 total→ Common Stock (130,846 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2019-05-11+36,806→ 829,804 total - Tax Payment
Common Stock, par value $0.01 per share
2019-05-11$15.68/sh−18,127$284,244→ 810,957 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2019-05-12+57,365→ 868,322 total - Tax Payment
Common Stock, par value $0.01 per share
2019-05-12$15.68/sh−19,648$308,094→ 848,674 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2019-05-12+130,846→ 979,520 total
Holdings
- 5,000(indirect: By Partnership)
Common Stock, par value $0.01 per share
- 99,336(indirect: By Partnership)
Common Stock, par value $0.01 per share
Footnotes (9)
- [F1]Represents the vesting of performance stock units ("PSUs") previously granted to Mr. Temares.
- [F2]The PSUs convert on a one-for-one basis into common stock.
- [F3]Represents the surrender of shares to the Company to satisfy Mr. Temares's tax withholding obligation upon the vesting of PSUs previously granted to Mr. Temares.
- [F4]Represents shares held by a family limited partnership, of which Mr. Temares and his spouse are the sole general partners, and of which Mr. Temares and his spouse serve as limited partners together with trusts for the benefit of Mr. Temares, his spouse and his children. Mr. Temares disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F5]Represents shares held by a family limited partnership established by Mr. Temares's mother. Mr. Temares disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F6]The PSUs vested in full on May 11, 2019.
- [F7]Represents PSUs earned based upon the achievement of a performance-based test for these PSUs previously granted.
- [F8]With certain exceptions, the PSUs vest in full on May 10, 2020, subject to Mr. Temares's continued service to the Company on such date. Post certification of these awards, Mr. Temares has stepped down as CEO and resigned as a member of the Board.
- [F9]The PSUs vested in full on May 12, 2019.