Form 4 for COST Costco
Accepted 2022-10-25 00:00:00 ET · period of report 2022-10-22 · accession 0001209191-22-054575 · 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 | 2022-10-25 | 2022-10-22 | COST | JELINEK W CRAIG | CEO, Dir | F - Tax | $478.18 | -2,711 | 188.5K | -1% | -$1.30M |
| M | 2022-10-25 | 2022-10-22 | COST | JELINEK W CRAIG | CEO, Dir | A - Grant | — | +7,149 | 189.9K | +4% | — |
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 | 2022-10-22 | F | D | 1,361 | $478.18 | 187,164 | D | — | — | (F5) This transaction is a withholding by the Company for taxes in connection with the vesting of previously granted restricted stock units. The price represents the closing market price of Costco common stock on NASDAQ on October 21, 2022. |
| 2 | Common | Common Stock | 2022-10-22 | A | A | 3,933 | — | 186,659 | D | — | — | (F1) Grant was initially made on October 22, 2020 subject to performance conditions concerning fiscal 2022, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The earned awards vest 20% on the first anniversary of the grant date and an additional 20% vest over each of the ensuing four years based on continued employment with the Company. In addition, under the 2019 Incentive Plan, long term employees are eligible for accelerated vesting upon the anniversary of their 25th, 30th and 35th years of service. (F2) Not applicable. Grant of Restricted Stock Units. (F3) On June 17, 2022, the reporting person contributed 168,149 shares of Costco common stock to a grantor retained annuity trust of which he is the sole grantor, trustee and annuity beneficiary. |
| 3 | Common | Common Stock | 2022-10-22 | F | D | 1,350 | $478.18 | 188,525 | D | — | — | (F5) This transaction is a withholding by the Company for taxes in connection with the vesting of previously granted restricted stock units. The price represents the closing market price of Costco common stock on NASDAQ on October 21, 2022. |
| 4 | Common | Common Stock | 2022-10-22 | A | A | 3,216 | — | 189,875 | D | — | — | (F4) Grant was initially made on October 22, 2021 subject to performance conditions concerning fiscal 2022, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The earned awards vest 20% on the first anniversary of the grant date and an additional 20% vest over each of the ensuing four years based on continued employment with the Company. In addition, under the 2019 Incentive Plan, long term employees are eligible for accelerated vesting upon the anniversary of their 25th, 30th and 35th years of service. (F2) Not applicable. Grant of Restricted Stock Units. |