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*
Galashan John Kristofer

(Last) (First) (Middle)
11111 SANTA MONICA BOULEVARD
SUITE 2000

(Street)
LOS ANGELES CA 90025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BJ's Wholesale Club Holdings, Inc. [ BJ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2019
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 09/16/2019 (1) J(2)(3)(4) 6,989,930 D $0.00 2,987,094(5) I See footnote(2)
Common Stock 09/16/2019 (1) J(2)(3)(4) 85,689(6) A $0.00 85,689 D
Common Stock 09/17/2019 S 42,844 D $25.68 42,845 D
Common Stock 09/17/2019 G 42,845(7) D $0.00 0 D
Common Stock 09/17/2019 S 2,987,094(8) D $25.68 0(9) I See footnote(2)
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. Not applicable.
2. Mr. J. Kristofer Galashan directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of common stock, par value $0.01 per share, of the Issuer (the "Shares") owned by Green Equity Investors V, L.P. ("GEI V"), Green Equity Investors Side V, L.P. ("GEI Side V"), and Beacon Coinvest LLC ("Beacon"). Mr. Galashan disclaims beneficial ownership of the Shares reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
3. GEI V, GEI Side V, and Beacon issued instructions to their custodian requesting the immediate distribution of 5,092,345, 929,155, and 74,356 Shares reported as distributed on this row, respectively, to certain limited partners and members, as applicable, of GEI V, GEI Side V, and Beacon, pro rata in accordance with such limited partners' and members', as applicable, respective interests in GEI V, GEI Side V, and Beacon (the "LP Distribution"). GEI V and GEI Side V also issued instructions to their custodian requesting immediate distribution of 687,766 and 206,308 Shares reported as distributed on this row, respectively, to the general partner of GEI V and GEI Side V pursuant to the governing agreements of GEI V and GEI Side V (the "GP Distribution" and together with the LP Distribution, the "Distribution").
4. Following the GP Distribution, the general partner of GEI V and GEI Side V distributed the Shares not retained (as described in the following sentence) to its members. An aggregate of 1,690,865 Shares were retained for sale on behalf of the beneficial owners with respect to the LP Distribution, and an aggregate of 1,296,229 Shares were retained for sale or other disposition on behalf of the beneficial owners with respect to the GP Distribution.
5. Following the Distribution, 1,661,443 Shares are owned by GEI V, 1,096,824 Shares are owned by GEI Side V, and 228,827 Shares are owned by Beacon, which shares are retained on behalf of the beneficial owners as described in footnote 4.
6. Mr. Galashan received an aggregate of 85,689 Shares in the Distribution.
7. Represents Shares that Mr. Galashan donated as a gift to a donor advised fund.
8. 1,661,443 Shares were sold by GEI V, 1,096,824 Shares were sold by GEI Side V, and 228,827 Shares were sold by Beacon.
9. 0 Shares are owned by GEI V, 0 Shares are owned by GEI Side V, and 0 Shares are owned by Beacon.
Remarks:
/s/ Andrew C. Goldberg, attorney-in-fact 09/17/2019
** 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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