Paul Seema 4
4 · Barnes & Noble Education, Inc. · Filed Sep 26, 2023
Insider Transaction Report
Form 4
Paul Seema
Chief Accounting Officer
Transactions
- Exercise/Conversion
Phantom Share Unit
2023-09-22−16,938→ 0 totalFrom: 2021-09-22Exp: 2023-09-22→ Common Stock (16,938 underlying) - Disposition to Issuer
Common Stock
2023-09-22$1.11/sh−16,938$18,801→ 120,659 total - Exercise/Conversion
Common Stock
2023-09-22+16,938→ 137,597 total - Tax Payment
Common Stock
2023-09-23$1.11/sh−2,908$3,228→ 117,751 total
Footnotes (2)
- [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 $1.11 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.
- [F2]Shares withheld by the Issuer on vesting of restricted stock units (payable solely in common stock of the Issuer on each vesting date) to cover applicable withholding taxes.