4//SEC Filing
Andretta Ralph J 4
Accession 0001101215-24-000054
CIK 0001101215other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:27 PM ET
Size
12.4 KB
Accession
0001101215-24-000054
Insider Transaction Report
Form 4
Andretta Ralph J
DirectorPresident and CEO
Transactions
- Award
Common Stock
2024-02-15+67,435→ 395,631 total - Award
Common Stock
2024-02-15+101,153→ 496,784 total - Tax Payment
Common Stock
2024-02-15$37.59/sh−4,002$150,435→ 492,782 total - Award
Common Stock
2024-02-16+11,843→ 504,625 total - Tax Payment
Common Stock
2024-02-16$37.34/sh−33,420$1,247,903→ 471,205 total
Footnotes (5)
- [F1]The new grant is for 67,435 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 22,253 units vesting on 2/18/25, 22,254 units vesting on 2/17/26 and 22,928 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 101,153 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 39,476 performance-based restricted stock units granted 2/16/21 were earned, resulting in an additional 11,843 units, for a total of 51,319 units.
- [F5]The total number of securities beneficially owned included: (a) 107,891 unrestricted shares; (b) 9,091 unvested units from an award of 26,737 time-based restricted stock units granted 2/15/22; (c) 40,105 unvested performance-based restricted stock units granted 2/15/22; (d) 58,211 unvested time-based restricted stock units granted 3/24/23; (e) 87,319 unvested performance-based restricted stock units granted 3/24/23; (f) the new grant for 67,435 time-based restricted stock units; and (g) the new grant for 101,153 performance-based restricted stock units.
Documents
Issuer
BREAD FINANCIAL HOLDINGS, INC.
CIK 0001101215
Entity typeother
Related Parties
1- filerCIK 0001801850
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:27 PM ET
- Size
- 12.4 KB