Burge James T. 4
4 · ARMSTRONG WORLD INDUSTRIES INC · Filed Feb 28, 2023
Insider Transaction Report
Form 4
Burge James T.
Vice President & Controller
Transactions
- Exercise/Conversion
Common Stock
2023-02-24$79.87/sh+60$4,792→ 546 total - Tax Payment
Common Stock
2023-02-24$79.87/sh−21$1,677→ 525 total - Exercise/Conversion
Common Stock
2023-02-24$79.87/sh+85$6,789→ 610 total - Tax Payment
Common Stock
2023-02-24$79.87/sh−29$2,316→ 581 total - Exercise/Conversion
Restricted Stock Units
2023-02-24−60→ 0 total→ Common Stock (60 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-24−85→ 85 total→ Common Stock (85 underlying)
Footnotes (4)
- [F1]Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the vesting of certain restricted stock units granted to the Reporting Person under the 2016 Long-Term Incentive Plan.
- [F2]An aggregate of 178 restricted stock units (each, an "RSU") were granted to the Reporting Person on February 25, 2020 under the Issuer's 2016 Long-Term Incentive Plan, one-third of which were scheduled to vest on each of the first, second and third anniversaries of the grant date thereof (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided for under the Issuer's 2016 Long-Term Incentive Plan).
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's 2016 Long-Term Incentive Plan.
- [F4]An aggregate of 255 restricted stock units (each, an "RSU") were granted to the Reporting Person on February 24, 2021 under the Issuer's 2016 Long-Term Incentive Plan, one-third of which were scheduled to vest on each of the first, second and third anniversaries of the grant date thereof (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided for under the Issuer's 2016 Long-Term Incentive Plan).