4//SEC Filing
ARMSTRONG WORLD INDUSTRIES INC 4
Accession 0001209191-15-060889
$AWICIK 0000007431operating
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 4:05 PM ET
Size
6.3 KB
Accession
0001209191-15-060889
Insider Transaction Report
Form 4
GAFFNEY JAMES J
Director
Transactions
- Award
Common Stock
2015-07-13+1,924→ 19,233 total
Footnotes (3)
- [F1]Restricted stock units granted under the 2008 Directors Stock Unit Plan, as amended, and as part of the Issuer's nonemployee Director Compensation Program. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the one-year anniversary of the grant; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control Event (as defined in the Plan). Vested units will be acquirable by the Director at the time of the termination of his service on the Issuer's Board of Directors.
- [F2]Represents an annual grant of restricted stock units as the equity portion of the Director's retainer for Board service under the Issuer's nonemployee Director Compensation Program. The grant date fair value of the units is calculated under the Financial Accounting Standards Board's Accounting Standards Codification Topic 718 using the the closing market price of the Issuer's common shares on July 13, 2015, the first business day following the Issuer's Annual Meeting of Shareholders, which price was $54.57.
- [F3]Includes vested and unvested units as well as units not yet acquirable by the Director. Under the terms of the 2008 Directors Stock Unit Plan, as amended, vested units are not acquirable by the Director until (i) for those restricted stock units granted prior to June 2011, six (6) months following the termination of his service on the Issuer's Board of Directors, and, (ii) for those units granted during and after June 2011, at the time of the termination of his service on the Issuer's Board of Directors.
Documents
Issuer
ARMSTRONG WORLD INDUSTRIES INC
CIK 0000007431
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000007431
Filing Metadata
- Form type
- 4
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 4:05 PM ET
- Size
- 6.3 KB