4//SEC Filing
Beberman Perry S 4
Accession 0001101215-24-000053
CIK 0001101215other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:25 PM ET
Size
11.2 KB
Accession
0001101215-24-000053
Insider Transaction Report
Form 4
Beberman Perry S
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
2024-02-15+19,444→ 97,205 total - Award
Common Stock
2024-02-15+29,166→ 126,371 total - Tax Payment
Common Stock
2024-02-15$37.59/sh−1,247$46,875→ 125,124 total - Award
Common Stock
2024-02-16+1,087→ 126,211 total
Footnotes (5)
- [F1]The new grant is for 19,444 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 6,416 units vesting on 2/18/25, 6,417 units vesting on 2/17/26 and 6,611 units vesting on 2/16/27, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates.
- [F2]The new grant is for 29,166 shares of common stock represented by performance-based RSUs, which may be adjusted up or down at the time the performance targets are measured at the end of the three-year performance period. These performance-based RSUs may vest on 2/16/27 contingent on meeting predetermined performance measures and subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting date.
- [F3]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F4]Based on an annual return on equity (ROE) performance metric goal for each of 2021, 2022 and 2023, as modified by a relative total stockholder return (rTSR) metric at the conclusion of the three-year period ended December 31, 2023, 130% of the original award of 3,623 performance-based restricted stock units granted 7/15/21 were earned, resulting in an additional 1,087 units, for a total of 4,710 units.
- [F5]The total number of securities beneficially owned includes: (a) 10,598 unrestricted shares; (b) 3,870 unvested units from an award of 11,385 time-based restricted stock units granted 7/15/21; (c) 4,710 unvested performance-based restricted stock units granted 7/15/21; (d) 3,001 unvested units from an award of 8,826 time-based restricted stock units granted 2/15/22; (e) 13,239 unvested performance-based restricted stock units granted 2/15/22; (f) 16,873 unvested time-based restricted stock units granted 3/24/23; (g) 25,310 unvested performance-based restricted stock units granted 3/24/23; (h) the new grant for 19,444 time-based restricted stock units; and (i) the new grant for 29,166 performance-based restricted stock units.
Documents
Issuer
BREAD FINANCIAL HOLDINGS, INC.
CIK 0001101215
Entity typeother
Related Parties
1- filerCIK 0001869941
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:25 PM ET
- Size
- 11.2 KB