SEC Form 4 · accession 0001209191-16-138732
Armstrong Flooring, Inc. · AFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Thompson
Officer — CFO
Period of report
Aug 24, 2016
Accepted (ET)
Aug 26, 2016 · 9:48 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001655075
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 24, 2016 | M | 3,458 | $19.68 | A | 3,458 | D | |
| Common StockF2 | Aug 24, 2016 | F | 1,089 | $19.68 | D | 2,369 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | — | Aug 24, 2016 | M | 3,458 | D | — | — | Common Stock | 3,458 | 6,917 | D |
Explanation of responses
- F1Reflects the conversion of previously granted restricted stock units into shares of Issuer's common stock in connection with the vesting of the restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations upon the vesting of restricted stock awards granted to the Reporting Person.
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's long-term incentive plan.
- F410,375 restricted stock units were granted to the Reporting Person on August 24, 2015, of which 3,458 restricted stock units vested on August 24, 2016. The remaining units will vest as follows: (1) 3,458 on the second anniversary of the grant, and (2) 3,459 on the third anniversary of the grant (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided under the Issuer's long-term incentive plan.
- F5Not applicable.