SEC Form 4 · accession 0001104659-18-033082
BED BATH & BEYOND INC · BBBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur Stark
Officer — President and CMO
Period of report
May 10, 2018
Accepted (ET)
May 14, 2018 · 9:14 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 share | May 10, 2018 | F | 1,525 | $16.845 | D | 143,797 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 1,342 | $16.845 | D | 142,455 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 1,424 | $16.845 | D | 141,031 | D | |
| Common Stock, par value $0.01 per shareF3 | May 10, 2018 | M | 9,748 | — | A | 150,779 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 3,339 | $16.845 | D | 147,440 | D | |
| Common Stock, par value $0.01 per shareF3 | May 10, 2018 | M | 11,835 | — | A | 159,275 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 4,054 | $16.845 | D | 155,221 | D | |
| Common Stock, par value $0.01 per shareF3 | May 11, 2018 | M | 5,902 | — | A | 161,123 | D | |
| Common Stock, par value $0.01 per share | May 11, 2018 | F | 2,022 | $16.845 | D | 159,101 | D | |
| Common Stock, par value $0.01 per shareF3 | May 12, 2018 | M | 6,216 | — | A | 165,317 | D | |
| Common Stock, par value $0.01 per share | May 12, 2018 | F | 2,129 | $16.845 | D | 163,188 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF3,F5 | — | May 10, 2018 | M | 9,748 | D | — | — | Common Stock | 9,748 | 0 | D |
| Performance Stock UnitsF3,F7 | — | May 10, 2018 | A | 11,835 | A | — | — | Common Stock | 11,835 | 11,835 | D |
| Performance Stock UnitsF3,F5 | — | May 10, 2018 | M | 11,835 | D | — | — | Common Stock | 11,835 | 0 | D |
| Performance Stock UnitsF3,F8 | — | May 10, 2018 | A | 5,902 | A | — | — | Common Stock | 5,902 | 5,902 | D |
| Performance Stock UnitsF3,F5 | — | May 11, 2018 | M | 5,902 | D | — | — | Common Stock | 5,902 | 0 | D |
| Performance Stock UnitsF3,F5 | — | May 12, 2018 | M | 6,216 | D | — | — | Common Stock | 6,216 | 0 | D |
Explanation of responses
- F1Represents the surrender of shares to the Company to satisfy Mr. Stark's tax withholding obligation upon the vesting of shares of restricted stock previously granted to Mr. Stark.
- F2Represents the vesting of performance stock units ("PSUs") previously granted to Mr. Stark.
- F3The PSUs convert on a one-for-one basis into common stock.
- F4Represents the surrender of shares to the Company to satisfy Mr. Stark's tax withholding obligation upon the vesting of PSUs previously granted to Mr. Stark.
- F5The PSUs were fully vested.
- F6Represents PSUs earned based upon the achievement of a performance-based test for these PSUs previously granted.
- F7With certain exceptions, the PSUs vest on May 10, 2018, subject to Mr. Stark's continued service to the Company on such date.
- F8With certain exceptions, the PSUs vest in full on May 11, 2019, subject to Mr. Stark's continued service to the Company on such date.