SEC Form 4 · accession 0001012975-17-000516
BED BATH & BEYOND INC · BBBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jordan Heller
Director
Period of report
Jun 29, 2017
Accepted (ET)
Jun 30, 2017 · 5:12 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, $.01 par value per shareF1 | Jun 29, 2017 | A | 2,674 | $30.3025 | A | 21,115 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an automatic grant of restricted stock under the Company's 2012 Incentive Compensation Plan valued at $81,000, issued as part of annual director compensation and approved by the Board of Directors of the Company on June 29, 2017. The number of shares was determined based on a stock price of $30.3025, the average of the high and low trading prices of the Company's common stock on June 29, 2017, the date of the Company's Annual Meeting of Shareholders. The restricted stock will vest on March 3, 2018, the last day of the fiscal year of grant, provided that the director remains in office until the last day of the fiscal year.