Driscoll Allegra S 4
4 · BREAD FINANCIAL HOLDINGS, INC. · Filed Feb 20, 2025
Insider Transaction Report
Form 4
Driscoll Allegra S
EVP, Chief Technology Officer
Transactions
- Award
Common Stock
2025-02-18+7,770→ 38,679 total - Award
Common Stock
2025-02-18+11,655→ 50,334 total - Tax Payment
Common Stock
2025-02-18$62.10/sh−2,787$173,073→ 47,547 total
Footnotes (4)
- [F1]The new grant is for 7,770 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 2,564 units vesting on each of 2/18/26 and 2/18/27 and 2,642 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 11,655 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]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F4]The total number of securities beneficially owned includes: (a) 1,293 unrestricted shares; (b) 8,284 unvested units from an award of 12,364 time-based restricted stock units granted 2/15/24; (c) 18,545 unvested performance-based restricted stock units granted 2/15/24; (d) the new grant for 7,770 time-based restricted stock units; and (e) the new grant for 11,655 performance-based restricted stock units.