22 Nw, Lp - May 2, 2022 Form 4 Insider Report for Armstrong Flooring, Inc. (AFIIQ)

Role
Other*
Signature
22NW Fund, LP; By: 22NW Fund GP, LLC; By: /s/ Aron R. English, Manager
Stock symbol
AFIIQ
Transactions as of
May 2, 2022
Transactions value $
-$1,221,959
Form type
4
Date filed
5/4/2022, 05:07 PM
Previous filing
Nov 3, 2021
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFIIQ Common Stock Sale -$1.22M -3.2M -100% $0.38* 0 May 2, 2022 By: 22NW Fund, LP F1, F2, F3
holding AFIIQ Common Stock 8.4K May 2, 2022 By: Aron R. English F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

22 Nw, Lp is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 previously collectively beneficially owned more than 10% of the Issuer's outstanding shares of Common Stock prior to the transactions reported herein. 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 sold in multiple transactions at prices ranging from $0.3000 to $0.6700. 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 sold at each separate price within the range set forth in this footnote.