LANE KATHY S 4
4 · Armstrong Flooring, Inc. · Filed Mar 18, 2020
Insider Transaction Report
Form 4
LANE KATHY S
Director
Transactions
- Purchase
Common Stock
2020-03-16$2.93/sh+16,242$47,589→ 48,425 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.77 to $3.09, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- [F2]Includes vested and unvested units as well as units not yet acquirable by the Reporting Person. Under the terms of the 2016 Directors Stock Unit Plan, (A) unvested 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 termination of service, subject to certain conditions in the Plan, and (B) vested units that have been deferred at the election of the Director will be acquirable at the time of the Director's termination of service. Also includes 16,242 of the Issuer's common shares held by the Director.