Neil Ashe - 25 Oct 2024 Form 4 Insider Report for ACUITY BRANDS INC (AYI)

Signature
/s/ Chanda Kirchner, Attorney-in-Fact for Neil Ashe
Issuer symbol
AYI
Transactions as of
25 Oct 2024
Net transactions value
-$5,186,173
Form type
4
Filing time
29 Oct 2024, 16:27:40 UTC
Previous filing
28 Oct 2024
Next filing
27 Oct 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AYI Common Stock Award $0 +36,230 +143% $0.000000 61,499 25 Oct 2024 Direct F1
transaction AYI Common Stock Tax liability $5,186,173 -17,111 -28% $303.09 44,388 25 Oct 2024 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 represent the number of shares issued upon the achievement and subsequent vesting of performance stock units (PSUs). These PSUs were granted on October 25, 2021 with a three-year performance period that commenced September 1, 2021 and ended August 31, 2024. On October 24, 2024, the Compensation and Management Development Committee certified the achievement of the performance measure and the Board of Directors 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 or restricted stock units held by the reporting person.