Form 4 for BNED Barnes & Noble Education, Inc.
Accepted 2022-03-25 00:00:00 ET · period of report 2022-03-24 · accession 0001634117-22-000027 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-25 | 2022-03-24 | BNED | NENKE DAVID W. B. | Pres, DSS | M - OptEx | $0.00 | +17.5K | 63.8K | +38% | $0 |
| D | 2022-03-25 | 2022-03-24 | BNED | NENKE DAVID W. B. | Pres, DSS | D - Sale to Iss | $4.03 | -17.5K | 46.3K | -27% | -$70.4K |
| D | 2022-03-25 | 2022-03-24 | BNED | NENKE DAVID W. B. | Pres, DSS | M - OptEx | $0.00 | -17.5K | 35.0K | -33% | $0 |
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 | 2022-03-24 | M | A | 17,475 | $0.00 | 63,772 | D | — | — | (F1) Each share of phantom stock is the economic equivalent of one share of common stock of the Company and was settled in cash at a value of $4.03 per share. The terms of the phantom stock provide that the shares will be settled based on the fair market value of a share of common stock at each vesting date in an amount not to exceed $22.89 per share. |
| 2 | Common | Common Stock | 2022-03-24 | D | D | 17,475 | $4.03 | 46,297 | D | — | — | (F1) Each share of phantom stock is the economic equivalent of one share of common stock of the Company and was settled in cash at a value of $4.03 per share. The terms of the phantom stock provide that the shares will be settled based on the fair market value of a share of common stock at each vesting date in an amount not to exceed $22.89 per share. |
| 3 | Derivative | Phantom Share Unit | 2022-03-24 | M | D | 17,475 | $0.00 | 34,950 | D | — · 2022-03-24 to 2024-03-24 | 17,475 Common Stock | (F1) Each share of phantom stock is the economic equivalent of one share of common stock of the Company and was settled in cash at a value of $4.03 per share. The terms of the phantom stock provide that the shares will be settled based on the fair market value of a share of common stock at each vesting date in an amount not to exceed $22.89 per share. |