Sec Form 3 Filing - Waltzinger G. William Jr @ BED BATH & BEYOND INC - 2019-08-04

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Waltzinger G. William Jr
2. Issuer Name and Ticker or Trading Symbol
BED BATH & BEYOND INC [ BBBY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
08/04/2019
(Street)
UNION, NJ07083
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 78,402.702 D
Common Stock, par value $0.01 per share 6,594.408 ( 1 ) I By immediate family member
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 68.91 ( 2 ) 05/10/2020 Common Stock 26,019 D
Employee Stock Option (right to buy) $ 69.775 ( 2 ) 05/10/2021 Common Stock 26,930 D
Employee Stock Option (right to buy) $ 62.34 ( 2 ) 05/12/2022 Common Stock 28,626 D
Employee Stock Option (right to buy) $ 70.955 ( 3 ) 05/11/2023 Common Stock 25,955 D
Employee Stock Option (right to buy) $ 45.525 ( 4 ) 05/10/2024 Common Stock 50,565 D
Employee Stock Option (right to buy) $ 37.495 ( 5 ) 05/10/2025 Common Stock 63,178 D
Employee Stock Option (right to buy) $ 16.845 ( 6 ) 05/10/2026 Common Stock 139,309 D
Employee Stock Option (right to buy) $ 15.681 ( 7 ) 05/10/2027 Common Stock 143,541 D
Performance Stock Units ( 9 ) ( 8 ) ( 8 ) Common Stock 8,265 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Waltzinger G. William Jr
C/O BED BATH & BEYOND INC.
650 LIBERTY AVENUE
UNION, NJ07083
See Remarks
Signatures
/s/ Louis Rambo, Attorney-in-Fact 08/14/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares held by an immediate family member of Mr. Waltzinger. Mr. Waltzinger disclaims beneficial ownership of such shares.
( 2 )The Employee Stock Options are fully exercisable.
( 3 )20,764 shares of the Employee Stock Options are exercisable. The remaining 5,191 will become exercisable on 5/11/2020.
( 4 )30,339 shares of the Employee Stock Options are exercisable. The remaining 20,226 will become exercisable in 2 remaining equal annual installments starting on 5/10/2020.
( 5 )25,271 shares of the Employee Stock Options are exercisable. The remaining 37,907 will become exercisable in 3 remaining equal annual installments starting on 5/10/2020.
( 6 )27,861 shares of the Employee Stock Options are exercisable. The remaining 111,448 will become exercisable in 4 remaining equal annual installments starting on 5/10/2020.
( 7 )The Employee Stock Options become exercisable in five equal annual installments commencing on 5/10/2020.
( 8 )With certain exceptions, the PSUs vest on 5/10/2020 subject to Mr. Waltzinger's continued service to the Company on such date.
( 9 )The PSUs convert on a one-for-one basis into common stock.

Remarks:
Mr. Waltzinger is President - Bed Bath & Beyond Business Units.Exhibit 24 - Power of Attorney

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.