SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Malhotra Kanuj

(Last) (First) (Middle)
C/O BARNES & NOBLE EDUCATION, INC.
120 MOUNTAIN VIEW BLVD

(Street)
BASKING RIDGE NJ 07920

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Barnes & Noble Education, Inc. [ BNED ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Strategy & Dev. Off.
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 08/03/2015 A 4,982(1) A $0 5,910(2) D
Common Stock 08/03/2015 A 26,160(3) A $0 32,070 D
Common Stock 08/03/2015 A 66,440(4) A $0 98,510 D
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. These unvested restricted stock units (payable solely in common stock of the Issuer on the vesting date) were granted to replace 2,500 unvested restricted stock units of Barnes & Noble, Inc. ("Barnes & Noble") in connection with the Reporting Person's termination of employment with Barnes & Noble and becoming Chief Strategy and Development Officer of the Issuer. This grant shall vest on July 2, 2016, in accordance with the remaining vesting schedule of the original grant of Barnes & Noble restricted stock units.
2. Includes 928 shares acquired in a pro rata distribution by Barnes & Noble on August 2, 2015 to its stockholders of record at the close of business on July 27, 2015.
3. These unvested restricted stock units (payable solely in common stock of the Issuer on each vesting date) were granted to replace 13,125 unvested restricted stock units of Barnes & Noble in connection with the Reporting Person's termination of employment with Barnes & Noble and becoming Chief Strategy and Development Officer of the Issuer. One third of this grant shall vest on March 5, 2016, and the remaining two thirds shall vest on March 5, 2017, in accordance with the remaining vesting schedule of the original grant of Barnes & Noble restricted stock units.
4. These unvested restricted stock units (payable solely in common stock of the Issuer on each vesting date) were granted to replace 33,334 unvested restricted stock units of Barnes & Noble in connection with the Reporting Person's termination of employment with Barnes & Noble and becoming Chief Strategy and Development Officer of the Issuer. One half of this grant shall vest on February 7, 2016, and the remaining half shall vest on February 7, 2017, in accordance with the remaining vesting schedule of the original grant of Barnes & Noble restricted stock units.
Remarks:
/s/ Kanuj Malhotra 08/05/2015
** Signature of Reporting Person Date
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).
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