Larry S. Mcwilliams - Jun 7, 2021 Form 4 Insider Report for Armstrong Flooring, Inc. (AFIIQ)

Role: Director
Signature: /s/ Christopher S. Parisi, Attorney-in-Fact
Stock symbol: AFIIQ
Transactions as of: Jun 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/8/2021, 05:59 PM
Next filing: Jun 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFIIQ	Common Stock	Award	$0	+27.8K	+19.39%	$0.00	171K	Jun 7, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Restricted stock units granted under the Issuer's Amended and Restated Armstrong Flooring, Inc. 2016 Directors Stock Unit Plan and as part of the Issuer's Nonemployee Director Compensation Program. Each unit represents the Reporting Person's right to receive one share of the Issuer's Common Stock. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the date of the next annual stockholders meeting; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control Event (as defined in the Plan). Vested units will be acquirable by the Director, at the election of the Director: (i) on the date of the next annual stockholders meeting or (ii) at the time of the Director's separation from service.
F2	Includes 66,750 vested units that are not yet acquirable by the Director per prior deferral elections by the Director under the terms of the Amended and Restated Armstrong Flooring, Inc. 2016 Directors Stock Unit Plan. Also includes 76,533 shares of the Issuer's Common Stock held by the Director.

Content

Restricted stock units granted under the Issuer's Amended and Restated Armstrong Flooring, Inc. 2016 Directors Stock Unit Plan and as part of the Issuer's Nonemployee Director Compensation Program. Each unit represents the Reporting Person's right to receive one share of the Issuer's Common Stock. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the date of the next annual stockholders meeting; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control Event (as defined in the Plan). Vested units will be acquirable by the Director, at the election of the Director: (i) on the date of the next annual stockholders meeting or (ii) at the time of the Director's separation from service.

Includes 66,750 vested units that are not yet acquirable by the Director per prior deferral elections by the Director under the terms of the Amended and Restated Armstrong Flooring, Inc. 2016 Directors Stock Unit Plan. Also includes 76,533 shares of the Issuer's Common Stock held by the Director.