SEC Form 4 · accession 0001104659-18-033087
BED BATH & BEYOND INC · BBBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan E. Lattmann
Officer — CFO and Treasurer
Period of report
May 10, 2018
Accepted (ET)
May 14, 2018 · 9:16 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 | 244 | $16.845 | D | 35,089 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 199 | $16.845 | D | 34,890 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 197 | $16.845 | D | 34,693 | D | |
| Common Stock, par value $0.01 per shareF3 | May 10, 2018 | M | 6,041 | — | A | 40,734 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 2,070 | $16.845 | D | 38,664 | D | |
| Common Stock, par value $0.01 per shareF3 | May 10, 2018 | M | 8,001 | — | A | 46,665 | D | |
| Common Stock, par value $0.01 per share | May 10, 2018 | F | 2,741 | $16.845 | D | 43,924 | D | |
| Common Stock, par value $0.01 per shareF3 | May 11, 2018 | M | 3,171 | — | A | 47,095 | D | |
| Common Stock, par value $0.01 per share | May 11, 2018 | F | 1,087 | $16.845 | D | 46,008 | D | |
| Common Stock, par value $0.01 per shareF3 | May 12, 2018 | M | 3,008 | — | A | 49,016 | D | |
| Common Stock, par value $0.01 per share | May 12, 2018 | F | 1,031 | $16.845 | D | 47,985 | D |
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)F5 | $16.845 | May 10, 2018 | A | 139,309 | A | — | May 10, 2026 | Common Stock | 139,309 | 139,309 | D |
| Performance Stock UnitsF3,F6 | — | May 10, 2018 | M | 6,041 | D | — | — | Common Stock | 6,041 | 0 | D |
| Performance Stock UnitsF3,F8 | — | May 10, 2018 | A | 8,001 | A | — | — | Common Stock | 8,001 | 8,001 | D |
| Performance Stock UnitsF3,F6 | — | May 10, 2018 | M | 8,001 | D | — | — | Common Stock | 8,001 | 0 | D |
| Performance Stock UnitsF3,F9 | — | May 10, 2018 | A | 3,172 | A | — | — | Common Stock | 3,172 | 3,172 | D |
| Performance Stock UnitsF3,F6 | — | May 11, 2018 | M | 3,171 | D | — | — | Common Stock | 3,171 | 0 | D |
| Performance Stock UnitsF3,F6 | — | May 12, 2018 | M | 3,008 | D | — | — | Common Stock | 3,008 | 0 | D |
Explanation of responses
- F1Represents the surrender of shares to the Company to satisfy Ms. Lattmann's tax withholding obligation upon the vesting of shares of restricted stock previously granted to Ms. Lattmann.
- F2Represents the vesting of performance stock units ("PSUs") previously granted to Ms. Lattmann.
- F3The PSUs convert on a one-for-one basis into common stock.
- F4Represents the surrender of shares to the Company to satisfy Ms. Lattmann's tax withholding obligation upon the vesting of PSUs previously granted to Ms. Lattmann.
- F5The Employee Stock Options become exercisable in five equal annual installments commencing on May 10, 2019.
- F6The PSUs were fully vested.
- F7Represents PSUs earned based upon the achievement of a performance-based test for these PSUs previously granted.
- F8With certain exceptions, the PSUs vest on May 10, 2018, subject to Ms. Lattmann's continued service to the Company on such date.
- F9With certain exceptions, the PSUs vest in full on May 11, 2019, subject to Ms. Lattmann's continued service to the Company on such date.