Joseph L. Motes III - 15 Feb 2022 Form 4 Insider Report for ALLIANCE DATA SYSTEMS CORP (BFH)

Role
EVP, CAO, Gen Counsel & Secy
Signature
Benjamin L. Morgan, Attorney in Fact
Issuer symbol
BFH
Transactions as of
15 Feb 2022
Transactions value $
-$207,304
Form type
4
Filing time
17 Feb 2022, 16:25:33
Previous filing
11 Feb 2022
Next filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFH Common Stock Award +6.69K +14.82% 51.8K 15 Feb 2022 Direct F1
transaction BFH Common Stock Award +10K +19.36% 61.8K 15 Feb 2022 Direct F2
transaction BFH Common Stock Tax liability -$5.08K -71 -0.11% $71.61 61.8K 15 Feb 2022 Direct F3
transaction BFH Common Stock Tax liability -$202K -2.79K -4.52% $72.48 59K 16 Feb 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The new grant is for 6,685 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 2,206 units on each of 2/15/23 and 2/15/24 and on 2,273 units on 2/18/25, subject to continued employment by the Reporting Person on the vesting dates.
F2 The new grant is for 10,027 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down at the time the performance restriction lapses. The restriction may lapse with respect to 100% of such shares on 2/18/25 contingent on meeting predetermined performance measures and subject to continued employment by the Reporting Person on the vesting date.
F3 Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
F4 The total number of securities beneficially owned includes: (a) 10,268 unrestricted shares; (b) 1,431 unvested units from an award of 2,037 time-based restricted stock units granted 2/18/20; (c) 4,804 unvested performance-based restricted stock units granted 2/18/20; (d) 715 unvested units from an award of 1,018 performance-based restricted stock units granted 2/18/20; (e) 14,697 unvested units from an award of 21,934 time-based restricted stock units granted 2/16/21; (f) 10,340 unvested performance-based restricted stock units granted 2/16/21; (g) the new grant for 6,685 time-based restricted stock units; and (h) the new grant for 10,027 performance-based restricted stock units.