Dianne S. Mills - Oct 26, 2023 Form 4 Insider Report for ACUITY BRANDS INC (AYI)

Role: SVP & Chief HR Officer
Signature: /s/ Chanda Kirchner, Attorney-in-Fact for Dianne S. Mills
Stock symbol: AYI
Transactions as of: Oct 26, 2023
Transactions value $: -$227,686
Form type: 4
Date filed: 10/27/2023, 05:36 PM
Previous filing: Oct 26, 2023
Next filing: Jan 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AYI	Common Stock	Award	$0	+4.38K	+37.77%	$0.00	16K	Oct 26, 2023	Direct	F1
transaction	AYI	Common Stock	Tax liability	-$228K	-1.43K	-8.95%	$159.11	14.6K	Oct 26, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares being reported represents the number of shares issued upon the achievement and subsequent vesting of performance stock units (PSUs). These PSUs were granted on October 26, 2020 with a three-year performance period that commenced September 1, 2020 and ended August 31, 2023. On October 24, 2023, the Compensation and Management Development Committee certified the achievement of the performance measure and authorized the subsequent issuance of common stock underlying the PSUs.
F2	The transaction(s) report(s) the withholding of stock to cover tax liability associated with the vesting of restricted stock, restricted stock units or performance stock units held by the reporting person.

Content

The shares being reported represents the number of shares issued upon the achievement and subsequent vesting of performance stock units (PSUs). These PSUs were granted on October 26, 2020 with a three-year performance period that commenced September 1, 2020 and ended August 31, 2023. On October 24, 2023, the Compensation and Management Development Committee certified the achievement of the performance measure and authorized the subsequent issuance of common stock underlying the PSUs.

The transaction(s) report(s) the withholding of stock to cover tax liability associated with the vesting of restricted stock, restricted stock units or performance stock units held by the reporting person.