SEC Form 4 · accession 0000950138-15-000552
Barnes & Noble Education, Inc. · BNED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Huseby
Officer — Executive Chairman · Director
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 5:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001634117
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 3, 2015 | A | 44,846 | $0.00 | A | 177,487 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These unvested restricted stock units (payable solely in common stock of the Issuer on each vesting date) were granted to replace 22,500 unvested restricted stock units of Barnes & Noble, Inc. ("Barnes & Noble") in connection with the Reporting Person's termination of employment with Barnes & Noble and becoming Executive Chairman of the Issuer. One third of this grant shall vest on March 5, 2016, and the remaining two thirds shall vest on March 5, 2017, in accordance with the remaining vesting schedule of the original grant of Barnes & Noble restricted stock units.
- F2Includes 132,641 shares acquired in a pro rata distribution by Barnes & Noble on August 2, 2015 to its stockholders of record at the close of business on July 27, 2015.
Remarks
EXHIBIT LIST - Exhibit 24 - Power of Attorney for Michael P. Huseby