SEC Form 4 · accession 0001012975-17-000435
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 12, 2017
Accepted (ET)
May 15, 2017 · 6:29 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 | 6,015 | — | A | 940,003 | D | |
| Common Stock, par value $0.01 per share | May 12, 2017 | F | 2,414 | $36.27 | D | 937,589 | D | |
| Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 341,240 | I | By Spouse | |
| Common Stock, par value $0.01 per shareF5 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF2,F6 | — | May 12, 2017 | M | 6,015 | D | — | — | Common Stock | 6,015 | 0 | D |
Explanation of responses
- F1Represents the vesting of performance stock units ("PSUs") previously granted to Mr. Feinstein.
- F2The PSUs convert on a one-for-one basis into common stock.
- F3Represents the surrender of shares to the Company to satisfy Mr. Feinstein's tax withholding obligation upon the vesting of PSUs previously granted to Mr. Feinstein.
- F4Represents shares held by Susan Feinstein, Mr. Feinstein's spouse. Mr. Feinstein disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F5Represents shares held by trusts for the benefit of Mr. Feinstein's family members. Mr. Feinstein disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F6The PSUs were fully vested.