John C. Bassett - Apr 1, 2022 Form 4 Insider Report for Armstrong Flooring, Inc. (AFIIQ)

Signature
/s/Christopher S. Parisi, as Attorney-in-fact
Stock symbol
AFIIQ
Transactions as of
Apr 1, 2022
Transactions value $
$2,605
Form type
4
Date filed
4/4/2022, 05:01 PM
Previous filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFIIQ Common Stock Options Exercise $4.12K +2.82K +3.78% $1.46* 77.6K Apr 1, 2022 Direct F1
transaction AFIIQ Common Stock Tax liability -$1.52K -1.04K -1.34% $1.46* 76.5K Apr 1, 2022 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 -2.82K -33.33% $0.00 5.64K Apr 1, 2022 Common Stock 2.82K 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.