Malhotra Kanuj 4
4 · Barnes & Noble Education, Inc. · Filed Jul 14, 2020
Insider Transaction Report
Form 4
Malhotra Kanuj
Chief Strategy & Dev. Off.
Transactions
- Disposition to Issuer
Common Stock
2020-07-13−28,795→ 369,328 total - Disposition to Issuer
Common Stock
2020-07-14−31,646→ 331,480 total - Tax Payment
Common Stock
2020-07-13$2.03/sh−6,202$12,590→ 363,126 total
Footnotes (3)
- [F1]Forfeiture of unearned shares pursuant to July 13, 2017 Performance Share award based upon final achievement level of 38.8% of target. See Form 4 filed July 17, 2017 for additional performance and vesting information. These performance share grants were originally issued at 100% of target and became fully vested on July 13, 2020 after the lapse of the required holding period.
- [F2]Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 18,256 performance-based shares granted to the reporting person on June 13, 2017.
- [F3]Forfeiture of unearned shares pursuant to July 19, 2018 Performance Share award based upon final achievement level below minimum threshold level of target. See Form 4 filed July 23, 2018 for additional performance and vesting information. These performance share grants were originally issued at 100% of target and would have otherwise become fully vested on July 19, 2021 after the lapse of the required holding period.