SEC Form 4 · accession 0001012975-17-000433
BED BATH & BEYOND INC · BBBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven H Temares
Officer — Chief Executive Officer · Director
Period of report
May 12, 2017
Accepted (ET)
May 15, 2017 · 6:27 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 shareF2 | May 12, 2017 | M | 38,949 | — | A | 662,643 | D | |
| Common Stock, par value $0.01 per share | May 12, 2017 | F | 20,196 | $36.27 | D | 642,447 | D | |
| Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 99,336 | I | By Family Limited Partnership | |
| Common Stock, par value $0.01 per shareF5 | holding | — | — | — | 5,000 | I | By Family Limited Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF2,F6 | — | May 12, 2017 | M | 38,949 | D | — | — | Common Stock | 38,949 | 0 | D |
Explanation of responses
- F1Represents the vesting of performance stock units ("PSUs") previously granted to Mr. Temares.
- F2The PSUs convert on a one-for-one basis into common stock.
- F3Represents the surrender of shares to the Company to satisfy Mr. Temares's tax withholding obligation upon the vesting of PSUs previously granted to Mr. Temares.
- F4Represents shares held by a family limited partnership, of which Mr. Temares and his spouse are the sole general partners, and of which Mr. Temares and his spouse serve as limited partners together with trusts for the benefit of Mr. Temares, his spouse and his children. Mr. Temares disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F5Represents shares held by a family limited partnership established by Mr. Temares's mother. Mr. Temares disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F6The PSUs were fully vested.