Gregory J. McCormack - 12 Mar 2024 Form 4 Insider Report for ACCO BRANDS Corp (ACCO)

Role
SVP, Global Products & Ops
Signature
/s/ Pamela R. Schneider, Attorney-in-fact for Gregory J. McCormack
Issuer symbol
ACCO
Transactions as of
12 Mar 2024
Net transactions value
-$25,835
Form type
4
Filing time
14 Mar 2024, 18:36:08 UTC
Previous filing
05 Mar 2024
Next filing
29 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACCO Common Stock Options Exercise $0 +22,884 +17% $0.000000 159,125 12 Mar 2024 Direct
transaction ACCO Common Stock Tax liability $25,835 -4,820 -3% $5.36 154,305 12 Mar 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 Performance Stock Units (2021-2023) Award $0 +15,530 +211% $0.000000 22,884 12 Mar 2024 Common Stock 15,530 $0.000000 Direct F1
transaction ACCO Performance Stock Units (2021-2023) Options Exercise $0 -22,884 -100% $0.000000* 0 12 Mar 2024 Common Stock 22,884 $0.000000 Direct F1
transaction ACCO Restricted Stock Units Award $0 +29,851 $0.000000 29,851 12 Mar 2024 Common Stock 29,851 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.