Victor Grizzle - 16 Dec 2021 Form 4 Insider Report for ARMSTRONG WORLD INDUSTRIES INC (AWI)

Role
CEO, Director
Signature
/s/ Bryan Y.M. Tham, Attorney-in-fact
Issuer symbol
AWI
Transactions as of
16 Dec 2021
Net transactions value
-$0.2295
Form type
4
Filing time
17 Dec 2021, 18:01:19 UTC
Previous filing
19 Nov 2021
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWI Common Stock Options Exercise $3,487,841 +31,348 +10% $111.26 337,997 16 Dec 2021 Direct F1
transaction AWI Common Stock Sale $2,202,907 -19,909 -5.9% $110.65 318,088 16 Dec 2021 Direct F1, F2
transaction AWI Common Stock Sale $554,929 -4,970 -1.6% $111.66 313,118 16 Dec 2021 Direct F1, F3
transaction AWI Common Stock Sale $650,447 -5,769 -1.8% $112.75 307,349 16 Dec 2021 Direct F1, F4
transaction AWI Common Stock Sale $79,558 -700 -0.23% $113.65 306,649 16 Dec 2021 Direct F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AWI Stock Options (Right to Buy) Options Exercise $0 -31,348 -50% $0.000000 31,348 16 Dec 2021 Common Stock 31,348 $37.83 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options exercised and shares sold pursuant to a 10b5-1 Plan. Options exercised had a ten year exercise term limit and were scheduled to expire in February 2022, as reflected in this Form 4.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $110.21 to $111.21. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $111.22 to $112.17. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $112.23 to $113.21. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $113.24 to $113.885. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The stock options were granted on February 28, 2012. Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche. All options are currently vested and exercisable.