4//SEC Filing
MCWILLIAMS LARRY S 4
Accession 0001209191-19-029582
CIK 0001655075other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 3:11 PM ET
Size
6.1 KB
Accession
0001209191-19-029582
Insider Transaction Report
Form 4
MCWILLIAMS LARRY S
Director
Transactions
- Award
Common Stock
2019-05-13+14,720→ 49,283 total
Footnotes (3)
- [F1]Restricted stock units granted under the Issuer's 2016 Long-Term Incentive Plan, as amended and restated.
- [F2]The restricted stock units were granted in connection with the Reporting Person's appointment as Interim CEO of the Issuer. The restricted stock units vest (contingent upon the Reporting Person's continued service as either an employee or member of the Board of Directors of Issuer as of such date) on the earlier of (i) the date of the Issuer's 2020 annual stockholders meeting; (ii) June 4, 2020; (iii) death or total and permanent disability of the Reporting Person; or (iv) the date of any Change in Control of the Issuer (as defined in the Issuer's 2016 Long-Term Incentive Plan, as amended and restated). The grant date fair value of the restricted stock units is calculated under the Financial Accounting Standards Board's Accounting Standards Codification Topic 718 using the closing stock price of the Issuer's common shares on May 13, 2019, which price was $10.87.
- [F3]Includes vested and unvested restricted stock units as well as restricted stock units not yet acquirable by the Reporting Person. Under the terms of the 2016 Directors Stock Unit Plan, vested units under such Plan are not acquirable by the Reporting Person until, at the election of the Reporting Person: (i) the date of the next annual stockholders meeting or (ii) the time of the Director's termination of service. Also includes 22,533 of the Issuer's common shares held by the Reporting Person.
Documents
Issuer
Armstrong Flooring, Inc.
CIK 0001655075
Entity typeother
Related Parties
1- filerCIK 0001194075
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 3:11 PM ET
- Size
- 6.1 KB