Pierre Riel - 19 Sep 2023 Form 4 Insider Report for COSTCO WHOLESALE CORP /NEW (COST)

Role
EVP
Signature
/s/ Alejandro Torres, Attorney-in-Fact
Issuer symbol
COST
Transactions as of
19 Sep 2023
Transactions value $
-$1,515,983
Form type
4
Filing time
19 Sep 2023, 19:32:30 UTC
Previous filing
14 Mar 2022
Next filing
08 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COST Common Stock Award +7.43K +129.92% 13.1K 15 Sep 2023 Direct F1, F2
transaction COST Common Stock Tax liability -$1.52M -2.72K -20.73% $556.36 10.4K 15 Sep 2023 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, 2022 subject to performance conditions concerning fiscal 2023, 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.

Remarks:

Exhibit 24: Power of Attorney provided herewith.