UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] 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* Kaplan, Robert S. -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Goldman, Sachs & Co. 85 Broad Street -------------------------------------------------------------------------------- (Street) New York, New York 10004 -------------------------------------------------------------------------------- (City) (State) (Zip) ================================================================================ 2. Issuer Name and Ticker or Trading Symbol Bed Bath & Beyond Inc. (BBBY) ================================================================================ 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) ================================================================================ 4. Statement for Month/Year May/2002 ================================================================================ 5. If Amendment, Date of Original (Month/Year) ================================================================================ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ X ] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) ------------------------------------------- ================================================================================ 7. 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 | ==================================================================================================================================== | | | | |6. | | | | | 4. |5. |Owner- | | | | | Securities Acquired (A) or |Amount of |ship | | | | 3. | Disposed of (D) |Securities |Form: |7. | |2. | Transaction| (Instr. 3, 4 and 5) |Beneficially |Direct |Nature of | |Transaction | Code | -------------------------------|Owned at End |(D) or |Indirect | 1. |Date | (Instr. 8) | | (A) | |of Month |Indirect |Beneficial| Title of Security |(Month/Day/ | -----------| Amount | or | Price |(Instr. 3 |(I) |Ownership | (Instr. 3) |Year) | Code | V | | (D) | |and 4) |(Instr.4)|(Instr. 4)| -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | | | | | | | 4,524 | D | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 100 | A | $36.40 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 300 | A | $36.52 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 400 | A | $36.508 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 1,900 | A | $36.51 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 1,300 | A | $36.48 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 300 | A | $36.568 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 600 | A | $36.57 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 500 | A | $36.58 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 900 | A | $36.44 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 1,300 | A | $36.54 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 100 | A | $36.43 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 900 | A | $36.49 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 100 | A | $36.59 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/3/02 | P | | 300 | A | $36.55 | | I | 01 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | 5/24/02 | S | | 9,000 | D | $34.8824| -0- | I | 01 | ==================================================================================================================================== 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). FORM 4 (continued) ==================================================================================================================================== Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned | (e.g., puts, calls, warrants, options, convertible securities) | ==================================================================================================================================== | | | | | | | |9. |10. | | | | | | | | | |Number |Owner-| | | | | | | | | |of |ship | | |2. | | | | | | |Deriv- |of | | |Conver- | | | 5. | |7. | |ative |Deriv-|11. | |sion | | | Number of | |Title and Amount | |Secur- |ative |Nature| |or | | | Derivative |6. |of Underlying |8. |ities |Secur-|of | |Exer- | |4. | Securities |Date |Securities |Price |Bene- |ity: |In- | |cise |3. |Trans-| Acquired (A) |Exercisable and |(Instr. 3 and 4) |of |ficially |Direct|direct| |Price |Trans- |action| or Disposed |Expiration Date |-----------------------|Deriv- |Owned |(D) or|Bene- | 1. |of |action |Code | of (D) |(Month/Day/Year) | |Amount |ative |at End |In- |ficial| Title of |Deriv- |Date |(Instr| (Instr. 3, |-----------------| |or |Secur- |of |direct|Owner-| Derivative |ative |(Month/ |8) | 4 and 5) |Date |Expira- | |Number |ity |Month |(I) |ship | Security |Secur- |Day/ |------| ------------ |Exer- |tion | |of |(Instr. |(Instr. |(Instr|(Instr| (Instr. 3) |ity |Year) |Code|V| (A) | (D) |cisable |Date |Title |Shares |5) |4) |4) |4) | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ==================================================================================================================================== Explanation of Responses: 01: The Reporting Person is a managing director of Goldman, Sachs & Co. (alone or together with its affiliates, "Goldman Sachs"). Goldman Sachs is an indirect wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The securities reported herein as indirectly purchased and sold were purchased and sold and were beneficially owned directly by Goldman Sachs. Without admitting any legal obligation, Goldman Sachs will remit appropriate profits, if any, to the Company. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. By: s/ Roger S. Begelman June 10, 2002 --------------------------------------------- ----------------------- **Signature of Reporting Person Date Attorney-in-fact ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedures. Alternatively, this Form is permitted to be submitted to the Commission in electronic format at the option of the reporting person pursuant to Rule 101(b)(4) of Regulation S-T.