Form 4 for BFH BREAD FINANCIAL HOLDINGS, INC.
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001101215-24-000054 · 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 | Andretta Ralph J | Pres, CEO, Dir | F - Tax | $37.37 | -37.4K | 492.8K | -7% | -$1.40M |
| M | 2024-02-20 | 2024-02-15+ | BFH | Andretta Ralph J | Pres, CEO, Dir | A - Grant | — | +180.4K | 395.6K | +84% | — |
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 | F | D | 33,420 | $37.34 | 471,205 | D | — | — | (F5) The total number of securities beneficially owned included: (a) 107,891 unrestricted shares; (b) 9,091 unvested units from an award of 26,737 time-based restricted stock units granted 2/15/22; (c) 40,105 unvested performance-based restricted stock units granted 2/15/22; (d) 58,211 unvested time-based restricted stock units granted 3/24/23; (e) 87,319 unvested performance-based restricted stock units granted 3/24/23; (f) the new grant for 67,435 time-based restricted stock units; and (g) the new grant for 101,153 performance-based restricted stock units. |
| 2 | Common | Common Stock | 2024-02-16 | A | A | 11,843 | — | 504,625 | 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 39,476 performance-based restricted stock units granted 2/16/21 were earned, resulting in an additional 11,843 units, for a total of 51,319 units. |
| 3 | Common | Common Stock | 2024-02-15 | F | D | 4,002 | $37.59 | 492,782 | D | — | — | |
| 4 | Common | Common Stock | 2024-02-15 | A | A | 101,153 | — | 496,784 | D | — | — | (F2) The new grant is for 101,153 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 | 67,435 | — | 395,631 | D | — | — | (F1) The new grant is for 67,435 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 22,253 units vesting on 2/18/25, 22,254 units vesting on 2/17/26 and 22,928 units vesting on 2/16/27, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates. |