Burge James T. - 23 Feb 2024 Form 4 Insider Report for ARMSTRONG WORLD INDUSTRIES INC (AWI)

Signature
/s/ Alan M. Kidd, Attorney-in-fact
Issuer symbol
AWI
Transactions as of
23 Feb 2024
Net transactions value
+$6,853
Form type
4
Filing time
26 Feb 2024, 16:37:56 UTC
Previous filing
22 Feb 2024
Next filing
05 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWI Common Stock Options Exercise $10,401 +85 +12% $122.37 783 23 Feb 2024 Direct
transaction AWI Common Stock Tax liability $3,549 -29 -3.7% $122.37 754 23 Feb 2024 Direct F1

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 $0 -85 -100% $0.000000* 0 23 Feb 2024 Common Stock 85 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the vesting of certain restricted stock units granted to the Reporting Person under the 2016 Long-Term Incentive Plan.
F2 An aggregate of 255 restricted stock units (each, an "RSU") were granted to the Reporting Person on February 24, 2021 under the Issuer's 2016 Long-Term Incentive Plan, one-third of which were scheduled to vest on each of the first, second and third anniversaries of the grant date thereof (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 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's 2016 Long-Term Incentive Plan.