Julie Marie Sorrells - 17 Aug 2021 Form 4 Insider Report for Amcor plc (AMCR)

Role
V.P. & Corporate Controller
Signature
/s/Damien Clayton, by power of attorney for Julie Marie Sorrells
Issuer symbol
AMCR
Transactions as of
17 Aug 2021
Net transactions value
$0
Form type
4
Filing time
19 Aug 2021, 13:41:13 UTC
Next filing
03 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Award $0 +254 +0.72% $0.000000 35,530 17 Aug 2021 Direct F1
holding AMCR Ordinary Shares 7,674 17 Aug 2021 By 401(K) Plan

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 AMCR Employee Stock Options Award $0 +2,283 $0.000000 2,283 17 Aug 2021 Ordinary Shares 2,283 $11.16 Direct F2
transaction AMCR Restricted Stock Units Award $0 +9,415 $0.000000 9,415 17 Aug 2021 Ordinary Shares 9,415 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance rights that were granted on August 7, 2019 under the 2018-2019 Long Term Incentive Plan of Amcor Limited ("Old Amcor"), a predecessor of Amcor plc ("Amcor"). 254 of the 400 performance rights vested based on achievement of the performance conditions and the remaining performance rights were forfeited.
F2 Vesting of Employee Stock Options that were granted on August 7, 2019 under Old Amcor's 2018-2019 Long Term Incentive Plan. 2,283 of the 3,600 Employee Stock Options vested and the remaining Employee Stock Options were forfeited. The Employee Stock Options remain subject to a share price condition whereby the share price must exceed the exercise price for the Employee Stock Option to be exercisable.
F3 Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units.