Patrick J. Callans - 14 Sep 2021 Form 4 Insider Report for COSTCO WHOLESALE CORP /NEW (COST)

Signature
Deanna K. Nakashima, attorney-in-fact
Issuer symbol
COST
Transactions as of
14 Sep 2021
Transactions value $
-$391,941
Form type
4
Filing time
16 Sep 2021, 09:58:04 UTC
Previous filing
08 Jun 2021
Next filing
26 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COST Common Stock Award +9K +15.73% 66.2K 14 Sep 2021 Direct F1, F2
transaction COST Common Stock Tax liability -$392K -855 -1.29% $458.41 65.4K 14 Sep 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant was initially made in October 2020 subject to performance conditions concerning fiscal 2021, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The shares of restricted stock subject to performance conditions vest ratably over a four year period from satisfaction based on continued employment with the Company. In addition, under the Stock Incentive Plan, long term 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.