Armstrong Flooring, Inc. 4
4 · Armstrong Flooring, Inc. · Filed Apr 13, 2016
Insider Transaction Report
Form 4
Melville James Clinton
Director
Transactions
- Award
Common Stock
2016-04-11+9,071→ 11,186 total
Footnotes (2)
- [F1]Includes 9,071 unvested units granted on April 11, 2016 under the terms of the 2016 Directors Stock Unit Plan. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the next annual stockholders meeting following the grant; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control (as defined in the Plan). Shares will be issued for vested units within 60 days of (x) the vesting date, or (y), a later deferral date if deferred by the Director under the terms of the Plan.
- [F2]Includes 2,115 shares acquired in a pro rata distribution by Armstrong World Industries, Inc. ("AWI") as a result of the spin-off of the Issuer from AWI, effective on April 1, 2016.