4//SEC Filing
MacNeal Brian L 4
Accession 0001127602-20-013187
CIK 0000007431other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:55 PM ET
Size
9.2 KB
Accession
0001127602-20-013187
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2020-04-01+21,443→ 57,475 total - Exercise/Conversion
Performance Based Restricted Stock Units
2020-04-01−21,443→ 21,443 total→ Common Stock (21,443 underlying) - Tax Payment
Common Stock
2020-04-01$73.33/sh−9,325$683,802→ 48,150 total
Footnotes (5)
- [F1]Reflects the conversion of previously granted performance restricted stock units into shares of the Issuer's common stock in connection with the vesting of the units based on underlying performance metrics.
- [F2]Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations upon the vesting of performance restricted stock units granted to the Reporting Person under the Issuer's Long-Term Incentive Plan.
- [F3]Each performance restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F4]The performance restricted stock units were granted upon achievement of certain performance metrics pursuant to the performance-based restricted stock units granted on February 28, 2017 under the Company's Long-Term Incentive Plan. The performance period for the performance restricted stock units was January 1, 2017 to December 31, 2019, with vesting subject to certification of pre-established performance conditions by the Management Development and Compensation Committee of the Issuer's Board of Directors. This certification that the performance conditions were satisfied was received on April 1, 2020.
- [F5]Not applicable.
Documents
Issuer
ARMSTRONG WORLD INDUSTRIES INC
CIK 0000007431
Entity typeother
Related Parties
1- filerCIK 0001671163
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:55 PM ET
- Size
- 9.2 KB