22 Nw, Lp - Jul 26, 2021 Form 4 Insider Report for Armstrong Flooring, Inc. (AFIIQ)

Role
10%+ Owner
Signature
22NW Fund, LP; By: 22NW Fund GP, LLC; By: /s/ Aron R. English, Manager
Stock symbol
AFIIQ
Transactions as of
Jul 26, 2021
Transactions value $
$472,816
Form type
4
Date filed
7/28/2021, 05:49 PM
Previous filing
Jul 16, 2021
Next filing
Jul 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFIIQ Common Stock Purchase $385K +96K +3.11% $4.01* 3.18M Jul 26, 2021 By: 22NW Fund, LP F1, F2, F3
transaction AFIIQ Common Stock Purchase $33.5K +8.4K $3.99* 8.4K Jul 26, 2021 By: Aron R. English F1
transaction AFIIQ Common Stock Purchase $54.8K +13.7K +0.43% $4.00* 3.2M Jul 27, 2021 By: 22NW Fund, LP F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron R. English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2 Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.
F3 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.9550 to $4.0100. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.9800 to $4.0000. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.