MITCHELL E. FADEL - 14 Feb 2022 Form 4 Insider Report for RENT A CENTER INC DE (UPBD)

Signature
/s/ Bryan Pechersky, attorney-in-fact
Issuer symbol
UPBD
Transactions as of
14 Feb 2022
Transactions value $
$6,487,599
Form type
4
Filing time
16 Feb 2022, 16:13:19 UTC
Previous filing
16 Jun 2021
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPBD COMMON STOCK Award $10.5M +268K +75.07% $38.94 626K 14 Feb 2022 Direct F1, F2
transaction UPBD COMMON STOCK Tax liability -$3.96M -102K -16.26% $38.94 524K 14 Feb 2022 Direct F2, F3
holding UPBD COMMON STOCK 1.12K 14 Feb 2022 Company 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Company's relative TSR over the three-year measurement period ending December 31, 2021, established in connection with performance-based restricted stock units granted to the reporting person on April 1, 2019, ranked in the 91st percentile, resulting in the vesting of 200% of such performance-based restricted stock units.
F2 Includes shares of common stock and unvested restricted stock units.
F3 Number of shares withheld to cover taxes with respect to performance-based restricted stock units which vested on February 14, 2022.