Form 4 for BNED Barnes & Noble Education, Inc.
Accepted 2022-06-21 00:00:00 ET · period of report 2022-06-16 · accession 0001634117-22-000042 · 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 | 2022-06-21 | 2022-06-16 | BNED | MILLER MICHAEL CONNOLLY | CLO, EVP, Corp Aff, Sec | A - Grant | $0.00 | +55.6K | 219.5K | +34% | $0 |
| DM | 2022-06-21 | 2022-06-16 | BNED | MILLER MICHAEL CONNOLLY | CLO, EVP, Corp Aff, Sec | A - Grant | $0.00 | +98.8K | 51.3K | New | $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 | 2022-06-16 | A | A | 55,556 | $0.00 | 219,546 | D | — | — | (F1) Grant of restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of common stock, par value $0.01, of the Company. The RSUs vest and will be settled in three equal installments on each of June 16, 2023, June 16, 2024 and June 16, 2025, or in each case, if such date is not a business day, the business day immediately following such date. |
| 2 | Derivative | Non-Qualified Stock Option (Right to Buy) | 2022-06-16 | A | A | 47,484 | $0.00 | 47,484 | D | $2.36 · 2023-06-16 to 2032-06-16 | 47,484 Common Stock | (F2) Non-qualified Stock Options granted with an exercise price of $2.36 per share, which was the fair market value on the date of grant. These Options will vest in four equal installments on each of June 16, 2023, June 16, 2024, June 16, 2025 and June 16, 2026 and will expire on June 16, 2032. |
| 3 | Derivative | Non-Qualified Stock Option (Right to Buy) | 2022-06-16 | A | A | 51,346 | $0.00 | 51,346 | D | $4.86 · 2023-06-16 to 2032-06-16 | 51,346 Common Stock | (F3) Non-qualified Stock Options granted with an above market exercise price of $4.86 per share. These Options will vest in four equal installments on each of June 16, 2023, June 16, 2024, June 16, 2025 and June 16, 2026 and will expire on June 16, 2032. |