Culver Stephen 4
4 · Barnes & Noble Education, Inc. · Filed Jun 18, 2019
Insider Transaction Report
Form 4
Culver Stephen
VP, Chief Information Officer
Transactions
- Tax Payment
Common Stock
2019-06-14$3.40/sh−1,874$6,372→ 109,175 total - Disposition to Issuer
Common Stock
2019-06-14−10,340→ 111,049 total
Footnotes (2)
- [F1]Represents the forfeiture of performance-based shares granted to the reporting person on June 14, 2016 that were eligible to vest based on certain financial performance objectives and satisfaction of the required holding period. Upon grant, the maximum 150% of target vesting amount was reported in Table I of Form 4. On June 14, 2019, 3,447 shares were vested and 10,340 shares were forfeited, based upon the Company's performance over the applicable performance period and the lapse of the required holding period.
- [F2]Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 3,447 performance-based shares granted to the reporting person on June 14, 2016.