McConnaughey Tammy M 4
4 · BREAD FINANCIAL HOLDINGS, INC. · Filed Feb 20, 2025
Insider Transaction Report
Form 4
McConnaughey Tammy M
EVP, Operations & Credit Risk
Transactions
- Award
Common Stock
2025-02-18+8,417→ 117,092.055 total - Award
Common Stock
2025-02-18+12,626→ 129,718.055 total - Award
Common Stock
2025-02-18+1,842→ 131,560.055 total - Tax Payment
Common Stock
2025-02-18$62.10/sh−12,502$776,374→ 119,058.055 total
Footnotes (5)
- [F1]The new grant is for 8,417 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 2,777 units vesting on 2/18/26, 2,778 units vesting on 2/18/27 and 2,862 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 12,626 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 9,115 performance-based restricted stock units granted 2/15/22 were earned, resulting in an additional 1,842 units, for a total of 10,957 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) 45,457.055 unrestricted shares; (b) 4,124 unvested units from an award of 12,128 time-based restricted stock units granted 3/24/23; (c) 18,191 unvested performance-based restricted stock units granted 3/24/23; (d) 9,338 unvested units from an award of 13,937 time-based restricted stock units granted 2/15/24; (e) 20,905 unvested performance-based restricted stock units granted 2/15/24; (f) the new grant for 8,417 time-based restricted stock units; and (g) the new grant for 12,626 performance-based restricted stock units.