Form 4 for BNED Barnes & Noble Education, Inc.
Accepted 2022-06-22 00:00:00 ET · period of report 2022-06-19 · accession 0001634117-22-000054 · 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 | 2022-06-22 | 2022-06-19 | BNED | HUSEBY MICHAEL | COB, CEO, Dir | F - Tax | $2.57 | -126.9K | 1.06M | -11% | -$326.1K |
| 2022-06-22 | 2022-06-19 | BNED | HUSEBY MICHAEL | COB, CEO, Dir | D - Sale to Iss | $0.00 | -170.5K | 1.14M | -13% | $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 | 2022-06-19 | F | D | 53,482 | $2.57 | 1,010,906 | D | — | — | (F3) Shares withheld by the Issuer on vesting of restricted stock units (payable solely in common stock of the Issuer on each vesting date) to cover applicable withholding taxes. |
| 2 | Common | Common Stock | 2022-06-19 | D | D | 170,500 | $0.00 | 1,137,791 | D | — | — | (F1) Forfeiture of unearned shares pursuant to June 19, 2019 Performance Unit award based upon final achievement level of 45.75% of target. See Form 4 filed June 21, 2019 for additional performance and vesting information. These performance unit grants were originally issued at 100% of target and became fully vested on June 19, 2022 after the lapse of the required holding period. |
| 3 | Common | Common Stock | 2022-06-19 | F | D | 73,403 | $2.57 | 1,064,388 | D | — | — | (F2) Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of the Performance Units granted to the reporting person on June 19, 2019. |