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

Role: President & CEO, Director
Signature: /s/ Chanda Kirchner, Attorney-in-Fact for Neil Ashe
Stock symbol: AYI
Transactions as of: Oct 25, 2024
Transactions value $: -$5,186,173
Form type: 4
Date filed: 10/29/2024, 04:27 PM
Previous filing: Oct 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AYI	Common Stock	Award	$0	+36.2K	+143.38%	$0.00	61.5K	Oct 25, 2024	Direct	F1
transaction	AYI	Common Stock	Tax liability	-$5.19M	-17.1K	-27.82%	$303.09	44.4K	Oct 25, 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.

Content

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.

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.