Bondi Joseph N 4
4 · Armstrong Flooring, Inc. · Filed Dec 13, 2017
Insider Transaction Report
Form 4
Bondi Joseph N
SVP, North America Residential
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-12-11−2,929→ 0 total→ Common Stock (2,929 underlying) - Exercise/Conversion
Common Stock
2017-12-11$16.50/sh+2,929$48,329→ 12,852 total - Tax Payment
Common Stock
2017-12-11$16.50/sh−923$15,230→ 11,929 total
Footnotes (5)
- [F1]Reflects the conversion of previously granted restricted stock units into shares of Issuer's common stock in connection with the vesting of the restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F2]Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations upon the vesting of restricted stock awards granted to the Reporting Person.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's long-term incentive plan.
- [F4]11,708 restricted stock units were granted to the Reporting Person on December 11, 2014, of which 8,779 vested on December 11, 2016. The remaining units vested on December 11, 2017, the third anniversary of the grant.
- [F5]Not applicable.