4//SEC Filing
LANE KATHY S 4
Accession 0001209191-19-035014
CIK 0001655075other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 2:49 PM ET
Size
6.3 KB
Accession
0001209191-19-035014
Insider Transaction Report
Form 4
LANE KATHY S
Director
Transactions
- Award
Common Stock
2019-06-05+9,502→ 32,183 total
Footnotes (3)
- [F1]Restricted stock units granted under the Issuer's 2016 Directors Stock Unit Plan and as part of the Issuer's nonemployee Director Compensation Program. Each unit represents the Reporting Person's right to receive one share of the Issuer's common shares. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the date of the next annual stockholders meeting; (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 election of the Director: (i) on the date of the next annual stockholders meeting or (ii) at the time of the Director's separation from service.
- [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 closing stock price of the Issuer's common shares on June 5, 2019, the first business day following the annual meeting of stockholders, which price was $11.05.
- [F3]Includes vested and unvested units as well as units not yet acquirable by the Director. Under the terms of the Issuer's 2016 Directors Stock Unit Plan, vested units under the Plan are not acquirable by the Director until, at the election of the Director: (i) the date of the next annual stockholders meeting or (ii) the time of the Director's separation from service.
Documents
Issuer
Armstrong Flooring, Inc.
CIK 0001655075
Entity typeother
Related Parties
1- filerCIK 0001203089
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 2:49 PM ET
- Size
- 6.3 KB