ALBERTSONS COMPANIES, INC. : Unregistered Sale of Equity Securities (form 8-K)

Item 3.02 Unregistered Sales of Equity Securities.

From December 8 to December 13, 2021, Albertsons Companies, Inc. (the "Company") received notices from certain holders of the Company's Convertible Preferred Stock, par value $0.01 per share ("Preferred Stock") to convert such shares of Preferred Stock into shares of the Company's Common Stock, par value $0.01 per share ("Common Stock"). Each share of Preferred Stock is convertible at a rate of 58.064 shares of the Company's Common Stock (with cash delivered in lieu of any fractional shares of Common Stock). The Company has issued, or is in the process of issuing, a cumulative total of approximately 12,722,554 shares of Common Stock to such holders of Preferred Stock. The shares of Common Stock were issued in exchange for Preferred Stock in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Act"), under Section 3(a)(9) of the Act.

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