SEC Form 4 · accession 0001144215-16-000250
ACUITY INC. (DE) · AYI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard K Reece
Officer — EVP/Chief Financial Officer
Period of report
Jul 11, 2016
Accepted (ET)
Jul 12, 2016 · 6:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001144215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 11, 2016 | M | 33,430 | $50.56 | A | 159,750 | D | |
| Common StockF2,F1 | Jul 11, 2016 | S | 33,430 | $269.07 | D | 126,320 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF3 | $50.56 | Jul 11, 2016 | M | 33,430 | D | — | Oct 24, 2020 | Common Stock | 33,430 | 0 | D |
Explanation of responses
- F1The total direct shares owned includes 30,654 time-vesting restricted shares.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.07 to $270.82, inclusive. The Reporting Person undertakes to provide to Acuity Brands, Inc., any security holder of Acuity Brands, Inc., or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F3This option vested ratably over a three-year period and became fully vested on October 25, 2013.