|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 16.845 | 05/10/2018 | A | 194,199 | (6) | 05/10/2026 | Common Stock | 194,199 | $ 0 | 194,199 | D | ||||
Performance Stock Units | (2) | 05/10/2018 | M(1) | 57,365 | (7) | (7) | Common Stock | 57,365 | $ 0 | 0 | D | ||||
Performance Stock Units | (2) | 05/10/2018 | A(8) | 68,649 | (9) | (9) | Common Stock | 68,649 | $ 0 | 68,649 | D | ||||
Performance Stock Units | (2) | 05/10/2018 | M(1) | 68,649 | (7) | (7) | Common Stock | 68,649 | $ 0 | 0 | D | ||||
Performance Stock Units | (2) | 05/10/2018 | A(8) | 36,806 | (10) | (10) | Common Stock | 36,806 | $ 0 | 36,806 | D | ||||
Performance Stock Units | (2) | 05/11/2018 | M(1) | 36,805 | (7) | (7) | Common Stock | 36,805 | $ 0 | 0 | D | ||||
Performance Stock Units | (2) | 05/12/2018 | M(1) | 38,949 | (7) | (7) | Common Stock | 38,949 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
TEMARES STEVEN H C/O BED BATH & BEYOND INC. 650 LIBERTY AVENUE UNION, NJ 07083 |
X | Chief Executive Officer |
/s/ Peter Samuels, Attorney-in-Fact | 05/14/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents the vesting of performance stock units ("PSUs") previously granted to Mr. Temares. |
(2) | The PSUs convert on a one-for-one basis into common stock. |
(3) | Represents the surrender of shares to the Company to satisfy Mr. Temares's tax withholding obligation upon the vesting of PSUs previously granted to Mr. Temares. |
(4) | Represents shares held by a family limited partnership, of which Mr. Temares and his spouse are the sole general partners, and of which Mr. Temares and his spouse serve as limited partners together with trusts for the benefit of Mr. Temares, his spouse and his children. Mr. Temares disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. |
(5) | Represents shares held by a family limited partnership established by Mr. Temares's mother. Mr. Temares disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. |
(6) | The Employee Stock Options become exercisable in five equal annual installments commencing on May 10, 2019. |
(7) | The PSUs were fully vested. |
(8) | Represents PSUs earned based upon the achievement of a performance-based test for these PSUs previously granted. |
(9) | With certain exceptions, the PSUs vest on May 10, 2018, subject to Mr. Temares's continued service to the Company on such date. |
(10) | With certain exceptions, the PSUs vest in full on May 11, 2019, subject to Mr. Temares's continued service to the Company on such date. |