Christopher S. Parisi - 08 Nov 2021 Form 4 Insider Report for Armstrong Flooring, Inc.

Role: SVP, GC, Secretary & CCO
Signature: /s/Christopher S. Parisi
Issuer symbol: N/A
Transactions as of: 08 Nov 2021
Net transactions value: +$28,212
Form type: 4
Filing time: 09 Nov 2021, 13:26:45 UTC
Next filing: 09 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFIIQ	Common Stock	Options Exercise	$39,450	+15,000	+58%	$2.63^*	40,962	08 Nov 2021	Direct	F1
transaction	AFIIQ	Common Stock	Tax liability	$11,238	-4,273	-10%	$2.63^*	36,689	08 Nov 2021	Direct	F2

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	AFIIQ	Restricted Stock Units	Options Exercise	$0	-15,000	-33%	$0.000000	30,000	08 Nov 2021	Common Stock	15,000		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Reflects the conversion of previously granted restricted stock units into shares of Issuer's common stock in connection with the vesting of the restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F2	Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations upon the vesting of restricted stock awards granted to the Reporting Person.
F3	Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F4	Not applicable.