MILLER MICHAEL CONNOLLY 4
4 · Barnes & Noble Education, Inc. · Filed Sep 26, 2022
Insider Transaction Report
Form 4
MILLER MICHAEL CONNOLLY
CLO & VP Corp Affairs
Transactions
- Exercise/Conversion
Phantom Share Unit
2022-09-22−60,976→ 60,976 totalFrom: 2021-09-22Exp: 2023-09-22→ Common Stock (60,976 underlying) - Exercise/Conversion
Common Stock
2022-09-22+60,976→ 230,130 total - Disposition to Issuer
Common Stock
2022-09-22$2.28/sh−60,976$139,025→ 169,154 total
Footnotes (1)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock of the Company and was settled in cash at a value of $2.28 per share. The terms of the phantom stock provide that the shares will be settled based on the fair market value of a share of common stock at each vesting date in an amount not to exceed $7.38 per share.