Form 4
Jelinek W Craig
Director · Officer (CEO)
- Filed
- 10/24/23
- Trade dates
- 10/22/23
- Period of report
- 10/22/23
- 10b5-1 box
- Not checked
- Accession number
- 0001209191-23-053517
Table I: shares of stock
| Line | Security | Trade date | Shares | Price | Value | Owned after | Ownership | Notes |
|---|---|---|---|---|---|---|---|---|
| GrantedLine 1 · code A | Common Stock | 10/22/23 | 31,369Acquired | — | — No price on filing | 203,612 | Direct | F1, F2 |
| GrantedLine 2 · code A | Common Stock | 10/22/23 | 27,129Acquired | — | — No price on filing | 230,741 | Direct | F3, F2 |
| Withheld for taxesLine 3 · code F | Common Stock | 10/22/23 | 2,394.654Disposed | $552.93 | $1,324,076.04 | 228,346.346 | Direct | F4 |
| Withheld for taxesLine 4 · code F | Common Stock | 10/22/23 | 1,671.628Disposed | $552.93 | $924,293.27 | 226,674.718 | Direct | F4 |
| Withheld for taxesLine 5 · code F | Common Stock | 10/22/23 | 1,366.537Disposed | $552.93 | $755,599.30 | 225,308.181 | Direct | F4 |
| HoldsLine 6 | Common Stock | — | — | — | — | 126,227 | Indirect: By GRAT I | — |
| HoldsLine 7 | Common Stock | — | — | — | — | 20,000 | Indirect: By GRAT II | — |
| HoldsLine 8 | Common Stock | — | — | — | — | 20,000 | Indirect: By GRAT III | — |
Footnotes
- 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.