Form 4 for BFH BREAD FINANCIAL HOLDINGS, INC.
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001101215-24-000049 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-02-20 | 2024-02-15+ | BFH | Motes Joseph L III | EVP, CAO, Gen Counsel, Secy | A - Grant | — | +40.5K | 96.5K | +72% | — |
| M | 2024-02-20 | 2024-02-15+ | BFH | Motes Joseph L III | EVP, CAO, Gen Counsel, Secy | F - Tax | $37.36 | -9,094 | 118.0K | -7% | -$339.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-16 | A | A | 3,102 | — | 121,150 | D | — | — | (F4) Based on an annual return on equity (ROE) performance metric goal for each of 2021, 2022 and 2023, as modified by a relative total stockholder return (rTSR) metric at the conclusion of the three-year period ended December 31, 2023, 130% of the original award of 10,340 performance-based restricted stock units granted 2/16/21 were earned, resulting in an additional 3,102 units, for a total of 13,442 units. |
| 2 | Common | Common Stock | 2024-02-16 | F | D | 8,225 | $37.34 | 112,925 | D | — | — | (F5) The total number of securities beneficially owned includes: (a) 31,306 unrestricted shares; (b) 2,273 unvested units from an award of 6,685 time-based restricted stock units granted 2/15/22; (c) 10,027 unvested performance-based restricted stock units granted 2/15/22; (d) 12,490 unvested units from an award of 12,971 time-based restricted stock units granted 3/24/23; (e) 19,457 unvested performance-based restricted stock units granted 3/24/23; (f) the new grant for 14,949 time-based restricted stock units; and (g) the new grant for 22,423 performance-based restricted stock units. |
| 3 | Common | Common Stock | 2024-02-15 | F | D | 869 | $37.59 | 118,048 | D | — | — | |
| 4 | Common | Common Stock | 2024-02-15 | A | A | 22,423 | — | 118,917 | D | — | — | (F2) The new grant is for 22,423 shares of common stock represented by performance-based RSUs, which may be adjusted up or down at the time the performance targets are measured at the end of the three-year performance period. These performance-based RSUs may vest on 2/16/27 contingent on meeting predetermined performance measures and subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting date. |
| 5 | Common | Common Stock | 2024-02-15 | A | A | 14,949 | — | 96,494 | D | — | — | (F1) The new grant is for 14,949 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 4,933 units vesting on each of 2/18/25 and 2/17/26 and 5,083 units vesting on 2/16/27, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates. |