David E. Thoresen - Dec 13, 2021 Form 4 Insider Report for Armstrong Flooring, Inc. (AFIIQ)

Role
SVP, Chief Product Innovation
Signature
/s/Christopher S. Parisi, as Attorney-in-fact
Stock symbol
AFIIQ
Transactions as of
Dec 13, 2021
Transactions value $
$24,044
Form type
4
Date filed
12/14/2021, 12:02 PM
Previous filing
Aug 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFIIQ Common Stock Options Exercise $33.7K +16.7K +139.84% $2.02* 28.6K Dec 13, 2021 Direct F1
transaction AFIIQ Common Stock Tax liability -$9.62K -4.76K -16.67% $2.02* 23.8K Dec 13, 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 -16.7K -50% $0.00 16.7K Dec 13, 2021 Common Stock 16.7K 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.