ASHE NEIL 4
4 · ACUITY BRANDS INC · Filed Feb 4, 2020
Insider Transaction Report
Form 4
ASHE NEIL
DirectorPresident & CEO
Transactions
- Award
Non-Qualified Stock Option
2020-01-31+200,000→ 200,000 totalExercise: $117.87Exp: 2030-01-31→ Common Stock (200,000 underlying) - Award
Non-Qualified Stock Option
2020-01-31+200,000→ 200,000 totalExercise: $127.87Exp: 2030-01-31→ Common Stock (200,000 underlying) - Award
Non-Qualified Stock Option (Price Target)
2020-01-31+100,000→ 100,000 totalExercise: $117.87Exp: 2030-01-31→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]This option vests ratably over a three-year period and will become fully vested on January 31, 2023.
- [F2]This premium-priced option vests ratably over a three-year period and will become fully vested on January 31, 2023.
- [F3]This option will vest and become exercisable after the attainment of two independent conditions: (1) four-year ratable vesting from the Grant Date (25,000 shares on January 31 in each of 2021, 2022, 2023 and 2024); and (2) the closing price of the Company's common stock reaching $225 and remaining at or above $225 for ten consecutive trading days at any time following the Grant Date and prior to the expiration date, January 31, 2030.