SEC Form 4 · accession 0001127602-17-033215
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
Nov 22, 2017
Accepted (ET)
Nov 22, 2017 · 6:06 pm EST
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 | Nov 22, 2017 | M | 2,743 | $54.58 | A | 14,769 | D | |
| Common Stock | Nov 22, 2017 | M | 3,426 | $54.61 | A | 18,195 | D | |
| Common Stock | Nov 22, 2017 | M | 3,042 | $54.74 | A | 21,237 | D | |
| Common Stock | Nov 22, 2017 | M | 9,022 | $54.62 | A | 30,259 | D | |
| Common Stock | Nov 22, 2017 | M | 10,074 | $54.71 | A | 40,333 | D | |
| Common StockF1 | Nov 22, 2017 | S | 33,087 | $54.68 | D | 7,246 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Options - Right to BuyF2 | $31.15 | Nov 22, 2017 | M | 2,743 | D | — | Mar 2, 2021 | Common Stock | 2,743 | 0 | D |
| Stock Options (Right to Buy)F3 | $37.83 | Nov 22, 2017 | M | 3,426 | D | — | Feb 28, 2022 | Common Stock | 3,426 | 0 | D |
| Stock Options (Right to Buy)F4 | $45.32 | Nov 22, 2017 | M | 3,042 | D | — | Feb 20, 2023 | Common Stock | 3,042 | 0 | D |
| Stock Options (Right to Buy)F5 | $43.31 | Nov 22, 2017 | M | 9,022 | D | — | Jul 30, 2023 | Common Stock | 9,022 | 0 | D |
| Stock Options (Right to Buy)F6 | $47.17 | Nov 22, 2017 | M | 10,074 | D | — | Feb 25, 2024 | Common Stock | 10,074 | 0 | D |
Explanation of responses
- F1The sale price represents the weighted average price of the shares sold ranging from $54.55 to $54.93 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F2The options vest and become exercisable in three equal installments at the first, second and third anniversaries of the grant date (March 2, 2011), contingent upon the Reporting Person's employment on the scheduled vesting date.
- F3The options vest and become exercisable in three equal installments at the first, second and third anniversaries of the grant date (February 28, 2012), contingent upon the Reporting Person's employment on the scheduled vesting date.
- F4The options vest and become exercisable in three equal installments at the first, second and third anniversaries of the grant date (February 20, 2013), contingent upon the Reporting Person's employment on the scheduled vesting date.
- F5The options vest and become exercisable in three equal installments at the first, second and third anniversaries of the grant date (July 30, 2013), contingent upon the Reporting Person's employment on the scheduled vesting date.
- F6The options vest and become exercisable in three equal installments at the first, second and third anniversaries of the grant date (February 25, 2014), contingent upon the Reporting Person's employment on the scheduled vesting date.