SEC Form 4 · accession 0001012975-16-001216
BED BATH & BEYOND INC · BBBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Feinstein
Officer — Co-Chairman · Director
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 9:04 pm EDT
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, par value $0.01 per shareF1 | May 10, 2016 | F | 5,175 | $45.525 | D | 921,990 | D | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 341,240 | I | By Spouse | |
| Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 156,483 | I | By Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $45.525 | May 10, 2016 | A | 42,138 | A | — | May 10, 2024 | Common Stock | 42,138 | 42,138 | D |
Explanation of responses
- F1Represents the surrender of shares to the Company to satisfy Mr. Feinstein's tax withholding obligation upon the vesting of shares of restricted stock previously granted to Mr. Feinstein.
- F2Represents shares held by Susan Feinstein, Mr. Feinstein's spouse. Mr. Feinstein disclaims beneficial ownership of such shares.
- F3Represents shares held by trusts for the benefit of Mr. Feinstein's family members. Mr. Feinstein disclaims beneficial ownership of such shares.
- F4The Employee Stock Options are exercisable in three equal annual installments commencing on the first anniversary of the date of grant.