Thomas W. Tedford - Mar 12, 2024 Form 4 Insider Report for ACCO BRANDS Corp (ACCO)

Role
President & CEO, Director
Signature
/s/ Pamela R. Schneider, Attorney-in-fact for Thomas W. Tedford
Stock symbol
ACCO
Transactions as of
Mar 12, 2024
Transactions value $
-$111,874
Form type
4
Date filed
3/14/2024, 02:35 PM
Previous filing
Mar 5, 2024
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACCO Common Stock Options Exercise $0 +83.9K +21.81% $0.00 469K Mar 12, 2024 Direct
transaction ACCO Common Stock Tax liability -$112K -20.9K -4.45% $5.36 448K Mar 12, 2024 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 ACCO Restricted Stock Units Award $0 +224K $0.00 224K Mar 12, 2024 Common Stock 224K $0.00 Direct F1
transaction ACCO Performance Stock Units (2021-2023) Award $0 +56.9K +211.19% $0.00 83.9K Mar 12, 2024 Common Stock 56.9K $0.00 Direct F2, F3
transaction ACCO Performance Stock Units (2021-2023) Options Exercise $0 -83.9K -100% $0.00 0.58 Mar 12, 2024 Common Stock 83.9K $0.00 Direct 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 (RSUs) granted under the Issuer's Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock on March 12, 2027, provided the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
F2 Reflects performance stock units ("PSUs") granted under the Issuer's Incentive Plan that were earned by the Reporting Person during a one-year performance period. Subject to the Reporting Person's continued employement, earned PSUs become eligible for settlement into shares of common stock upon the completetion of the final performance period in the three-year cycle.
F3 Reflects performance stock units ("PSUs") granted under the Issuer's Incentive Plan that were earned by the Reporting Person during a one-year performance period. Subject to the Reporting Person's continued employment, earned PSUs become eligible for settlement into shares of common stock upon the completetion of the final performance period in the three-year cycle.