4//SEC Filing
Andretta Ralph J 4
Accession 0001101215-25-000042
CIK 0001101215other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 6:42 PM ET
Size
10.9 KB
Accession
0001101215-25-000042
Insider Transaction Report
Form 4
Andretta Ralph J
DirectorPresident and CEO
Transactions
- Award
Common Stock
2025-02-18+45,323→ 507,816 total - Award
Common Stock
2025-02-18+67,984→ 575,800 total - Award
Common Stock
2025-02-18+8,102→ 583,902 total - Tax Payment
Common Stock
2025-02-18$62.10/sh−44,789$2,781,397→ 539,113 total
Footnotes (5)
- [F1]The new grant is for 45,323 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 14,956 units vesting on 2/18/26, 14,957 units vesting on 2/18/27 and 15,410 units vesting on 2/18/28, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates.
- [F2]The new grant is for 67,984 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 2/18/28 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]Based on an annual return on equity (ROE) performance metric goal for each of 2022, 2023 and 2024, at the conclusion of the three-year period ended December 31, 2024, 120.2% of the original award of 40,105 performance-based restricted stock units granted 2/15/22 were earned, resulting in an additional 8,102 units, for a total of 48,207 units.
- [F4]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F5]The total number of securities beneficially owned includes: (a) 172,361 unrestricted shares; (b) 19,791 unvested units from an award of 58,211 time-based restricted stock units granted 3/24/23; (c) 87,319 unvested performance-based restricted stock units granted 3/24/23; (d) 45,182 unvested units from an award of 67,435 time-based restricted stock units granted 2/15/24; (e) 101,153 unvested performance-based restricted stock units granted 2/15/24; (f) the new grant for 45,323 time-based restricted stock units; and (g) the new grant for 67,984 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, 6:42 PM ET
- Size
- 10.9 KB