ASHE NEIL 4
4 · ACUITY BRANDS INC · Filed Sep 3, 2020
Insider Transaction Report
Form 4
ASHE NEIL
DirectorPresident & CEO
Transactions
- Award
Non-Qualified Stock Option (Price Target 2)
2020-09-01+225,000→ 225,000 totalExercise: $108.96Exp: 2030-09-01→ Common Stock (225,000 underlying) - Award
Non-Qualified Stock Option (Price Target 3)
2020-09-01+52,200→ 52,200 totalExercise: $108.96Exp: 2030-09-01→ Common Stock (52,200 underlying)
Footnotes (2)
- [F1]This option will vest and become exercisable after the attainment of two independent conditions: (1) four-year ratable vesting from the Grant Date (56,250 shares on September 1 on each of 2021, 2022, 2023 and 2024); and (2) the closing price of the Company's common stock reaching $275 and remaining at or above $275 for ten consecutive trading days at any time following the Grant Date and prior to the expiration date, September 1, 2030.
- [F2]This option will vest and become exercisable after the attainment of two independent conditions: (1) four-year ratable vesting from the Grant Date (13,050 shares on September 1 on 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, September 1, 2030.