4//SEC Filing
Shurts Wayne 4
Accession 0001127602-21-020746
CIK 0000007431other
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 4:34 PM ET
Size
6.0 KB
Accession
0001127602-21-020746
Insider Transaction Report
Form 4
Shurts Wayne
Director
Transactions
- Award
Common Stock
2021-06-25+992→ 3,521 total
Footnotes (3)
- [F1]Restricted stock units granted under the 2016 Directors Stock Unit Plan, as amended, and as part of the Issuer's nonemployee Director Compensation Program. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the one-year anniversary of the grant; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control Event (as defined in the Plan). Vested units will be acquirable by the Director, at the election of the Director: (i) at the vesting of the units at the one-year anniversary of the grant or (ii) at the time of the Director's termination of service.
- [F2]Represents an annual grant of restricted stock units as the equity portion of the Director's retainer for Board service under the Issuer's nonemployee Director Compensation Program. The grant date fair value of the units is calculated under the Financial Accounting Standards Board's Accounting Standards Codification Topic 718 using the closing stock price of the Issuer's common shares on June 25, 2021, the first business day following the Issuer's Annual Meeting of Shareholders, which price was $105.90.
- [F3]Includes vested and unvested units as well as units not yet acquirable by the Director. Under the terms of the 2016 Directors Stock Unit Plan, as amended (the "2016 Plan"), vested units under the 2016 Plan are not acquirable by the Director until, at the election of the Director: (i) the vesting of the units at the one-year anniversary of the grant or (ii) the time of the Director's termination of service.
Documents
Issuer
ARMSTRONG WORLD INDUSTRIES INC
CIK 0000007431
Entity typeother
Related Parties
1- filerCIK 0001490340
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 4:34 PM ET
- Size
- 6.0 KB