SEC Form 4 · accession 0001012975-16-001045
BED BATH & BEYOND INC · BBBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean S Adler
Director
Period of report
Feb 27, 2016
Accepted (ET)
Mar 1, 2016 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886158
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per shareF1 | Feb 27, 2016 | A | 2,434 | $46.225 | A | 28,617 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1$112,500 of Mr. Adler's director fees for the fiscal year ended February 27, 2016 were paid in Common Stock of the Company pursuant to the Bed Bath & Beyond Plan to Pay Directors Fees in Stock (the "Plan") adopted by the Company. The number of shares was determined based on a price of $46.225 per share, the average of the high and low trading prices on January 11, 2016, the second business day following the announcement of the Company's financial results for its fiscal third quarter, as provided by the terms of the Plan.