Sec Form 4 Filing - Sankaran Vivek @ Albertsons Companies, Inc. - 2020-08-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
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1. Name and Address of Reporting Person
Sankaran Vivek
2. Issuer Name and Ticker or Trading Symbol
Albertsons Companies, Inc. [ ACI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
C/O ALBERTSONS COMPANIES, INC., 250 PARKCENTER BLVD
3. Date of Earliest Transaction (MM/DD/YY)
08/14/2020
(Street)
BOISE, ID83706
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock, par value $0.01 08/14/2020 P 25,000 A $ 14.743 ( 1 ) 1,961,782 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sankaran Vivek
C/O ALBERTSONS COMPANIES, INC.
250 PARKCENTER BLVD
BOISE, ID83706
X President and CEO
Signatures
/s/ Laura A. Donald, Attorney-in-Fact for Vivek Sankaran 08/17/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.739 to $14.759 per share of Class A common stock, inclusive. Vivek Sankaran (the "Reporting Person") undertakes to provide to Albertsons Companies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
( 2 )Includes 1,721,584 shares of restricted Class A common stock held by the Reporting Person which are subject to forfeiture under the terms of the Reporting Person's employment agreement (the "Employment Agreement"), dated March 29, 2019 between the Reporting Person and the Company. 215,198 shares will vest on February 27, 2021, 322,797 on February 26, 2022, 215,198 on February 25, 2023, and 107,599 on February 24, 2024, subject to forfeiture if the performance criteria specified in the Employment Agreement are not met. The remaining shares will vest 215,198 on April 25, 2021, 322,797 on April 25, 2022, 215,198 on April 25, 2023, and 107,599 on April 25, 2024, subject to forfeiture if the Reporting Person is no longer employed by the Company.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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