RICHARD A. GALANTI - 16 Sep 2024 Form 4 Insider Report for COSTCO WHOLESALE CORP /NEW (COST)

Signature
/s/ Alejandro Torres, Attorney-in-Fact
Issuer symbol
COST
Transactions as of
16 Sep 2024
Net transactions value
-$3,237,654
Form type
4
Filing time
18 Sep 2024, 17:58:27 UTC
Previous filing
15 Aug 2024
Next filing
24 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COST Common Stock Award $0 +9,483 +41% $0.000000 32,383 16 Sep 2024 Direct F1, F2
transaction COST Common Stock Tax liability $3,237,654 -3,566 -11% $907.87 28,816 16 Sep 2024 Direct
holding COST Common Stock 726 16 Sep 2024 By Spouse
holding COST Common Stock 7,000 16 Sep 2024 North Island Holdings LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant was initially made on October 22, 2023, subject to performance conditions concerning fiscal 2024, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The earned awards vest 20% on the first anniversary of the grant date and an additional 20% vest over each of the ensuing four years based on continued employment with the Company. In addition, under the 2019 Incentive Plan, employees are eligible for accelerated vesting upon the anniversary of their 25th, 30th and 35th years of service.
F2 Not applicable. Grant of Restricted Stock Units.
F3 The shares are held by an LLC of which the reporting person is the managing member. The reporting person disclaims beneficial ownership of these securities.