Mark A. Hershey - Apr 6, 2023 Form 4 Insider Report for ARMSTRONG WORLD INDUSTRIES INC (AWI)

Role
SVP Americas
Signature
/s/ Alan M. Kidd, Attorney-in-fact
Stock symbol
AWI
Transactions as of
Apr 6, 2023
Transactions value $
-$104,278
Form type
4
Date filed
4/10/2023, 04:42 PM
Previous filing
Mar 3, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWI Common Stock Options Exercise +3.97K +10.39% 42.2K Apr 6, 2023 Direct F1
transaction AWI Common Stock Tax liability -$104K -1.53K -3.62% $68.20 40.7K Apr 6, 2023 Direct

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 Restricted Stock Units Options Exercise -3.97K -100% 0 Apr 6, 2023 Common Stock 3.97K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On April 7, 2022, the Reporting Person was granted 3,972 restricted stock units, which vest on the first 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 2016 Long-Term Incentive Plan).
F3 Price of Derivative Security is $0.