Statement of Changes in Beneficial Ownership (4)
July 10 2020 - 12:26PM
Edgar (US Regulatory)
FORM 4
[ ]
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 OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
LEVENICK ZACHARY |
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 _____ Officer (give title below) __X__ Other (specify below) See Explanation of Responses |
(Last)
(First)
(Middle)
3304 FRANKLIN AVE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/8/2020 |
(Street)
MILLBROOK, NY 12545
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
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. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. 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 (1) | 7/8/2020 | | P | | 38529 | A | $1.8554 (2) | 40529 | D | |
Common Stock, par value $0.01 per share (1) | 7/9/2020 | | P | | 61471 | A | $1.8412 (3) | 102000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 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 |
Call Options (right to buy) | $2.50 | | | | | | | (4) | 10/16/2020 | Common Stock | 2500 | | 2500 | D | |
Call Options (right to buy) | $5.00 | | | | | | | (4) | 10/16/2020 | Common Stock | 1000 | | 1000 | D | |
Explanation of Responses: |
(1) | Zachary Levenick may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Mr. Levenick disclaims beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group 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. |
(2) | The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $1.85 to $1.87 per share, excluding commissions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth in this footnote. |
(3) | The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $1.82 to $1.85 per share, excluding commissions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth in this footnote. |
(4) | Such options are exercisable as of July 10, 2020 and were immediately exercisable upon their acquisition. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
LEVENICK ZACHARY 3304 FRANKLIN AVE MILLBROOK, NY 12545 |
|
|
| See Explanation of Responses |
Signatures
|
/s/ Rory Wallace, attorney-in-fact for Zachary Levenick | | 7/10/2020 |
**Signature of Reporting Person | Date |
Barnes and Noble Education (NYSE:BNED)
Historical Stock Chart
From Feb 2024 to Mar 2024
Barnes and Noble Education (NYSE:BNED)
Historical Stock Chart
From Mar 2023 to Mar 2024