Battle W. Patrick 4
4 · ACUITY BRANDS INC · Filed Jan 8, 2021
Insider Transaction Report
Form 4
Battle W. Patrick
Director
Transactions
- Award
Stock Units
2021-01-06$120.23/sh+120$14,428→ 5,546 total→ Common Stock (120 underlying) - Award
Stock Units
2021-01-06$120.65/sh+1,202$145,021→ 6,748 total→ Common Stock (1,202 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]Stock Units issued pursuant to the Plan are payable in common shares upon retirement in either a lump sum or five annual installments.
- [F3]Stock Units are accrued under the Issuer's Nonemployee Directors' Deferred Compensation Plan (formerly known as the Nonemployee Directors' Stock Unit Plan) and are payable in shares upon retirement in either lump sum or five annual installments. Accruals include required and elective deferral of director fees. During the Reporting Period, fees paid to the Reporting Person resulted in an increase in the number of units held. Effective January 6, 2021, the Board changed the frequency of fee payments to directors from quarterly to annually. The transactions reported included (a) prorated fee for fees due from a prior quarter, and (b) the annual fee payable as of January 6, 2021.