0001101215-24-000050.txt : 20240220
0001101215-24-000050.hdr.sgml : 20240220
20240220162136
ACCESSION NUMBER: 0001101215-24-000050
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240215
FILED AS OF DATE: 20240220
DATE AS OF CHANGE: 20240220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McConnaughey Tammy M
CENTRAL INDEX KEY: 0001801426
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15749
FILM NUMBER: 24653653
MAIL ADDRESS:
STREET 1: 7500 DALLAS PARKWAY, SUITE 700
CITY: PLANO
STATE: TX
ZIP: 75024
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BREAD FINANCIAL HOLDINGS, INC.
CENTRAL INDEX KEY: 0001101215
STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 311429215
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3095 LOYALTY CIRCLE
CITY: COLUMBUS
STATE: OH
ZIP: 43219
BUSINESS PHONE: 6147294000
MAIL ADDRESS:
STREET 1: 3095 LOYALTY CIRCLE
CITY: COLUMBUS
STATE: OH
ZIP: 43219
FORMER COMPANY:
FORMER CONFORMED NAME: ALLIANCE DATA SYSTEMS CORP
DATE OF NAME CHANGE: 19991217
4
1
wk-form4_1708464075.xml
FORM 4
X0508
4
2024-02-15
0
0001101215
BREAD FINANCIAL HOLDINGS, INC.
BFH
0001801426
McConnaughey Tammy M
3095 LOYALTY CIRCLE
COLUMBUS
OH
43219
0
1
0
0
EVP, Operations & Credit Risk
0
Common Stock
2024-02-15
4
A
0
13937
A
95504.055
D
Common Stock
2024-02-15
4
A
0
20905
A
116409.055
D
Common Stock
2024-02-15
4
F
0
899
37.59
D
115510.055
D
Common Stock
2024-02-16
4
A
0
2820
A
118330.055
D
Common Stock
2024-02-16
4
F
0
7862
37.34
D
110468.055
D
The new grant is for 13,937 shares of common stock represented by time-based restricted stock units (RSUs). These time-based RSUs will vest over a three-year period, with 4,599 units vesting on each of 2/18/25 and 2/17/26 and 4,739 units vesting on 2/16/27, subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting dates.
The new grant is for 20,905 shares of common stock represented by performance-based RSUs, which may be adjusted up or down at the time the performance targets are measured at the end of the three-year performance period. These performance-based RSUs may vest on 2/16/27 contingent on meeting predetermined performance measures and subject to continued employment (subject to certain limited exceptions) by the Reporting Person on the vesting date.
Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
Based on an annual return on equity (ROE) performance metric goal for each of 2021, 2022 and 2023, as modified by a relative total stockholder return (rTSR) metric at the conclusion of the three-year period ended December 31, 2023, 130% of the original award of 9,400 performance-based restricted stock units granted 2/16/21 were earned, resulting in an additional 2,820 units, for a total of 12,220 units.
The total number of securities beneficially owned includes: (a) 34,125.055 unrestricted shares; (b) 2,067 unvested units from an award of 6,077 time-based restricted stock units granted 2/15/22; (c) 9,115 unvested performance-based restricted stock units granted 2/15/22; (d) 12,128 unvested time-based restricted stock units granted 3/24/23; (e) 18,191 unvested performance-based restricted stock units granted 3/24/23; (f) the new grant for 13,937 time-based restricted stock units; and (g) the new grant for 20,905 performance-based restricted stock units.
Benjamin L. Morgan, Attorney in Fact
2024-02-20