Joseph L. Motes III - 19 Dec 2023 Form 4 Insider Report for BREAD FINANCIAL HOLDINGS, INC. (BFH)

Role: EVP, CAO, Gen Counsel & Secy
Signature: Benjamin L. Morgan, Attorney in Fact
Issuer symbol: BFH
Transactions as of: 19 Dec 2023
Transactions value $: -$16,157
Form type: 4
Filing time: 21 Dec 2023, 18:00:26 UTC
Previous filing: 27 Mar 2023
Next filing: 20 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFH	Common Stock	Tax liability	-$16.2K	-481	-0.59%	$33.59	81.5K	19 Dec 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction involved the withholding of 481 shares of stock issuable upon the early vesting of an equal number of restricted stock units to pay taxes associated with the reporting person becoming retirement eligible. The total reported in Column 5 includes 12,490 previously reported time-based restricted stock units granted 3/24/23, with 4,120 units vesting on each of 3/25/24 and 2/18/25 and 4,250 units vesting on 2/17/26.
F2	The total number of securities beneficially owned includes: (a) 17,295 unrestricted shares; (b) 7,457 unvested units from an award of 21,934 time-based restricted stock units granted 2/16/21; (c) 10,340 unvested performance-based restricted stock units granted 2/16/21; (d) 4,479 unvested units from an award of 6,685 time-based restricted stock units granted 2/15/22; (e) 10,027 unvested performance-based restricted stock units granted 2/15/22; (f) 12,490 unvested units from an award of 12,971 time-based restricted stock units granted 3/24/23; and (g) 19,457 unvested performance-based restricted stock units granted 3/24/23.

Content

The reported transaction involved the withholding of 481 shares of stock issuable upon the early vesting of an equal number of restricted stock units to pay taxes associated with the reporting person becoming retirement eligible. The total reported in Column 5 includes 12,490 previously reported time-based restricted stock units granted 3/24/23, with 4,120 units vesting on each of 3/25/24 and 2/18/25 and 4,250 units vesting on 2/17/26.

The total number of securities beneficially owned includes: (a) 17,295 unrestricted shares; (b) 7,457 unvested units from an award of 21,934 time-based restricted stock units granted 2/16/21; (c) 10,340 unvested performance-based restricted stock units granted 2/16/21; (d) 4,479 unvested units from an award of 6,685 time-based restricted stock units granted 2/15/22; (e) 10,027 unvested performance-based restricted stock units granted 2/15/22; (f) 12,490 unvested units from an award of 12,971 time-based restricted stock units granted 3/24/23; and (g) 19,457 unvested performance-based restricted stock units granted 3/24/23.