Vermette Michel 4
4 · Armstrong Flooring, Inc. · Filed Sep 12, 2019
Insider Transaction Report
Form 4
Vermette Michel
DirectorPresident & CEO
Transactions
- Award
Restricted Stock Unit
2019-09-11+143,062→ 143,062 total→ Common Stock (143,062 underlying) - Award
Restricted Stock Unit
2019-09-11+371,430→ 371,430 total→ Common Stock (371,430 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's 2016 Long-Term Incentive Plan, as amended and restated.
- [F2]The restricted stock units were granted on September 11, 2019 ("Grant Date") and will vest in equal installments on each of the five (5) successive anniversaries of the Grant Date (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, subject to the terms of the award agreement).
- [F3]The restricted stock units were granted to the Reporting Person on September 11, 2019 ("Grant Date") and will be earned upon the Issuer's common stock achieving the per share price targets set forth in the award agreement at any time during the five-year period following the Grant Date, measured on each of the first five anniversaries of the Grant Date (contingent upon the Reporting Person's employment with the Issuer through the applicable measurement date, subject to the terms of the award agreement).