Bed Bath & Beyond Inc. director just picked up 6,762 shares

Harriet Edelman, a director of Bed Bath & Beyond Inc., recently acquired 6,762 shares of the company. The buys took place at $0.00 per share, on June 17, 2021. Edelman now owns 36,869 shares of the company. Edelman operates out of Union, NJ. Some additional info was provided as follows:


Represents a grant of restricted stock under the Issuer's 2012 Incentive Compensation Plan valued at $150,000, issued as part of annual director compensation and approved by the Board of Directors of the Issuer on June 17, 2021. The number of shares was determined based on a stock price of $29.58, the average of the high and low trading prices of the Issuer's common stock on June 17, 2021. The restricted stock will vest on February 26, 2022, the last day of the fiscal year of grant , provided that the director remains in office until the last day of the fiscal year.
Represents a grant of restricted stock equal to one quarter of the Chair of the Board Retainer for fiscal year 2021, valued at $50,000 and approved by the Board of Directors of the Issuer on June 17, 2021. The number of shares was determined on a stock price of $29.58, the average of the high and low trading prices of the Issuer's common stock on June 17, 2021. The restricted stock will vest on February 26, 2022, the last day of the fiscal year of grant, provided that the director remains in office until the last day of the fiscal year.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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