SEC Form 5 · accession 0000950138-16-001166
Barnes & Noble Education, Inc. · BNED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Riggio
10% Owner
Period of report
Apr 30, 2016
Accepted (ET)
Jun 14, 2016 · 5:53 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 Stock | Dec 18, 2015 | G | 1,200,000 | $0.00 | D | 3,599,718 | D | |
| Common StockF2 | holding | — | — | — | 4,017,229 | I | By Trust, Foundation and Corp. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Gift of 1,200,000 shares to The Riggio Foundation, a charitable trust, of which the Reporting Person and his wife, Louise Riggio ("Mrs. Riggio"), are co-trustees.
- F2Of these shares, 450,283 shares are owned indirectly in a rabbi trust established for the benefit of the Reporting Person, 2,102,812 shares are owned indirectly through The Riggio Foundation, and 1,464,134 shares are owned indirectly through LRBKS Holdings, Inc., a Delaware corporation beneficially owned by the Reporting Person and Mrs. Riggio.