W. CRAIG JELINEK - 22 Oct 2023 Form 4 Insider Report for COSTCO WHOLESALE CORP /NEW (COST)

Role
CEO, Director
Signature
/s/ Alejandro Torres, Attorney-in-Fact
Issuer symbol
COST
Transactions as of
22 Oct 2023
Transactions value $
-$3,003,969
Form type
4
Filing time
24 Oct 2023, 20:06:59 UTC
Previous filing
26 Jun 2023
Next filing
28 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COST Common Stock Award +31.4K +18.21% 204K 22 Oct 2023 Direct F1, F2
transaction COST Common Stock Award +27.1K +13.32% 231K 22 Oct 2023 Direct F2, F3
transaction COST Common Stock Tax liability -$1.32M -2.39K -1.04% $552.93 228K 22 Oct 2023 Direct F4
transaction COST Common Stock Tax liability -$924K -1.67K -0.73% $552.93 227K 22 Oct 2023 Direct F4
transaction COST Common Stock Tax liability -$756K -1.37K -0.6% $552.93 225K 22 Oct 2023 Direct F4
holding COST Common Stock 126K 22 Oct 2023 By GRAT I
holding COST Common Stock 20K 22 Oct 2023 By GRAT II
holding COST Common Stock 20K 22 Oct 2023 By GRAT III
* 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.
F2 Not applicable. Grant of Restricted Stock Units.
F3 Grant of Restricted Stock Units. Vests one-fifth on October 22, 2024, and one-fifth annually on October 22 for the following four years.
F4 This transaction is a withholding by the Company for taxes in connection with the vesting of previously granted restricted stock units. The price represents the closing market price of Costco common stock on Nasdaq on October 20, 2023.