SEC Form 4 · accession 0000899243-16-018089
ARMSTRONG WORLD INDUSTRIES INC · AWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ellen R. Romano
Officer — SVP, Human Resources
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 7:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000007431
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 9,271 | 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 UnitsF1,F2 | — | Apr 11, 2016 | A | 8,985 | A | — | — | Common Stock | 8,985 | 8,985 | D |
| Restricted Stock UnitsF1,F3 | — | holding | — | — | — | — | — | Common Stock | 5,181 | 5,181 | D |
| Restricted Stock UnitsF1,F4 | — | holding | — | — | — | — | — | Common Stock | 1,552 | 1,552 | D |
| Stock OptionsF5 | $47.17 | holding | — | — | — | — | Feb 25, 2024 | Common Stock | 10,074 | 10,074 | D |
| Stock OptionsF6 | $43.31 | holding | — | — | — | — | Jul 30, 2023 | Common Stock | 9,022 | 9,022 | D |
| Stock OptionsF7 | $45.32 | holding | — | — | — | — | Feb 20, 2023 | Common Stock | 3,042 | 3,042 | D |
| Stock OptionsF8 | $37.83 | holding | — | — | — | — | Feb 28, 2022 | Common Stock | 3,426 | 3,426 | D |
| Stock OptionsF9 | $31.15 | holding | — | — | — | — | Mar 2, 2021 | Common Stock | 2,743 | 2,743 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's 2011 Long-Term Incentive Plan.
- F2The restricted stock units were granted to the Reporting Person on April 11, 2016 and will vest as follows: (1) 2,995 on the second anniversary of the grant, (2) 2,995 on the third anniversary of the grant, and (3) 2,995 on the fourth anniversary of the grant (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided for under the Issuer's 2011 Long-Term Incentive Plan).
- F3The restricted stock units were granted to the Reporting Person on February 24, 2015 and will vest as follows: (1) 2,590 on the second anniversary of the grant, and (2) 2,591 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 for under the Issuer's 2011 Long-Term Incentive Plan).
- F4The restricted stock units were granted to the Reporting Person on February 25, 2014 and will vest on December 31, 2016 (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided for under the Issuer's 2011 Long-Term Incentive Plan).
- F5The stock options were granted on February 25, 2014 and 6,716 have vested; the remaining 3,358 unvested stock options will vest and become exercisable 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 for under the Issuer's 2011 Long-Term Incentive Plan).
- F6The stock options were granted on July 30, 2013 and 6,014 have vested; the remaining 3,008 unvested stock options will vest and become exercisable 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 for under the Issuer's 2011 Long-Term Incentive Plan).
- F7The stock options were granted on February 20, 2013 and have vested.
- F8The stock options were granted on February 28, 2012 and have vested.
- F9The stock options were granted on March 2, 2011 and have vested
Remarks
NOTE: All derivative securities on Table II granted prior to April 1, 2016 have been adjusted as a result of the spin-off of Armstrong Flooring, Inc., effective on April 1, 2016.