SEC Form 4 · accession 0001101215-16-000289
BREAD FINANCIAL HOLDINGS, INC. · BFH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura Santillan
Officer — SVP, Chief Acctg. Officer
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001101215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 16, 2016 | A | 410 | — | A | 20,647 | D | |
| Common StockF2,F3 | Feb 16, 2016 | A | 1,644 | — | A | 22,291 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The new grant is for 410 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 136 units on each of 2/16/17 and 2/16/18 and on 138 units on 2/19/19, subject to continued employment by the Reporting Person on the vesting dates.
- F2The new grant is for 1,644 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down at the time the performance restriction lapses. The restriction may lapse with respect to 33% of such shares on each of 2/16/17 and 2/16/18 and with respect to 34% of such shares on 2/19/19 contingent on meeting an EBT metric for 2016 and subject to continued employment by the Reporting Person on the vesting dates.
- F3The total number of securities beneficially owned includes: (a) 15,416 unrestricted shares; (b) 400 shares held in an IRA account; (c) 190 unvested units from an award of 556 time-based restricted stock units granted 2/21/13; (d) 1,058 unvested units from an award of 3,108 performance-based restricted stock units granted 2/21/13; (e) 236 unvested units from an award of 352 time-based restricted stock units granted 2/18/14; (f) 1,279 unvested units from an award of 1,908 performance-based restricted stock units granted 2/18/14; (g) 331 unvested time-based restricted stock units granted 2/17/15; (h) 1,327 unvested performance-based restricted stock units granted 2/17/15; (i) the new grant for 410 time-based restricted stock units; and (j) the new grant for 1,644 performance-based restricted stock units.