SEC Form 4 · accession 0000095521-16-000213
SUPERVALU INC · SVU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan S Grafton
Officer — SVP, Finance & CAO
Period of report
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000095521
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 28, 2016 | A | 11,082 | $0.00 | A | 60,849 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2,F3 | $5.64 | Apr 28, 2016 | A | 42,151 | A | — | Apr 28, 2016 | Common Stock | 42,151 | 42,151 | D |
| Non-Qualified Stock Option (right to buy)F2,F4 | $5.64 | Apr 28, 2016 | A | 32,784 | A | — | Apr 28, 2026 | Common Stock | 32,784 | 32,784 | D |
| Performance SharesF5,F6 | $0.00 | Apr 28, 2016 | A | 19,947 | A | — | — | Common Stock | 19,947 | 19,947 | D |
| Restricted Stock UnitsF5,F7 | $0.00 | Apr 28, 2016 | A | 19,947 | A | — | — | Common Stock | 19,947 | 29,847 | D |
Explanation of responses
- F1Award of restricted stock to reporting person pursuant to the Issuer's 2012 Stock Plan (which includes tax withholding rights) in transaction exempt under Rule 16b-3.
- F2Grant to reporting person of option to purchase shares of common stock under Issuer's 2012 Stock Plan (which includes tax withholding rights) in transaction exempt under Rule 16b-3.
- F3Vesting occurs and the option becomes exercisable as to 34% of the shares on the first anniversary, 33% of the shares on the second anniversary and 33% of the shares on the third anniversary of the grant date.
- F4Vesting occurs and the option becomes exercisable as to 50% of the shares on each of the anniversaries of the grant date.
- F5Each stock unit represents a contingent right to receive one share of SUPERVALU common stock.
- F6The units will be converted into shares of SUPERVALU common stock on the third anniversary of the April 28, 2016 grant date if SUPERVALU achieves a certain total shareholder return goal.
- F7The units will be converted into shares of SUPERVALU common stock on the first three anniversaries of the April 28, 2016 grant date.