Driscoll Allegra S 4
4 · BREAD FINANCIAL HOLDINGS, INC. · Filed Feb 20, 2024
Insider Transaction Report
Form 4
Driscoll Allegra S
EVP, Chief Technology Officer
Transactions
- Award
Common Stock
2024-02-15+12,364→ 12,364 total - Award
Common Stock
2024-02-15+18,545→ 30,909 total
Footnotes (3)
- [F1]The new grant is for 12,364 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 4,080 units vesting on each of 2/18/25 and 2/17/26 and 4,204 units vesting on 2/16/27, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates.
- [F2]The new grant is for 18,545 shares of common stock represented by performance-based RSUs, which may be adjusted up or down at the time the performance targets are measured at the end of the three-year performance period. These performance-based RSUs may vest on 2/16/27 contingent on meeting predetermined performance measures and subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting date.
- [F3]The total number of securities beneficially owned includes: (a) the new grant for 12,364 time-based restricted stock units; and (b) the new grant for 18,545 performance-based restricted stock units.