James P. Murphy - 03 Aug 2022 Form 4 Insider Report for COSTCO WHOLESALE CORP /NEW (COST)

Signature
Gail E. Tsuboi, Attorney-in-Fact
Issuer symbol
COST
Transactions as of
03 Aug 2022
Transactions value $
-$967,359
Form type
4
Filing time
14 Sep 2022, 19:28:17 UTC
Previous filing
21 Jul 2022
Next filing
11 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COST Common Stock Award +5.26K +14.53% 41.5K 12 Sep 2022 Direct F1, F2
transaction COST Common Stock Tax liability -$967K -1.79K -4.32% $539.52 39.7K 12 Sep 2022 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 on October 22, 2021 subject to performance conditions concerning fiscal 2022, 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, 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.