Nickel Jeffrey D 4
4 · ARMSTRONG WORLD INDUSTRIES INC · Filed Mar 4, 2011
Insider Transaction Report
Form 4
Nickel Jeffrey D
Sr VP Secy & General Counsel
Transactions
- Award
Stock Options
2011-03-02+14,825→ 14,825 totalExercise: $41.47Exp: 2021-03-02→ Common Stock (14,825 underlying)
Footnotes (2)
- [F1]The options are non-qualified and will vest and become exercisable in three installments at one, two and three years as follows: 4,941 shares on March 2, 2012; 4,942 shares on March 2, 2013; and 4,942 shares on March 2, 2014 (contingent upon the officer's employment on the scheduled vesting date except as provided in the case of the officer's retirement). The options were granted, and are further subject to, the terms and conditions of the 2006 Long-Term Incentive Plan.
- [F2]The options have a ten year term starting March 2, 2011.