Michael J. Zacka - May 9, 2022 Form 4 Insider Report for Amcor plc (AMCR)

Role
PRESIDENT, AMCOR FLEX EUROPE
Signature
/s/ Damien Clayton, Attorney-in-Fact
Stock symbol
AMCR
Transactions as of
May 9, 2022
Transactions value $
-$119,478
Form type
4
Date filed
5/11/2022, 01:11 PM
Previous filing
Dec 8, 2021
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Options Exercise $964K +87.2K +85.37% $11.05 189K May 9, 2022 Direct
transaction AMCR Ordinary Shares Sale -$974K -77K -40.66% $12.66 112K May 9, 2022 Direct F1
transaction AMCR Ordinary Shares Options Exercise $9.63M +863K +768.09% $11.16 975K May 9, 2022 Direct
transaction AMCR Ordinary Shares Sale -$9.74M -770K -78.9% $12.66 206K May 9, 2022 Direct F2, F3

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 Options Exercise $0 -87.2K -100% $0.00* 0 May 9, 2022 Ordinary Shares 87.2K $11.05 Direct F4
transaction AMCR Employee Stock Options Options Exercise $0 -863K -100% $0.00* 0 May 9, 2022 Ordinary Shares 863K $11.16 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $12.605 to $12.745. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 using an average price.
F2 The price in Column 4 is a weighted average price. The prices actually received ranged from $12.605 to $12.745. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 using an average price.
F3 Prior to the option exercise and sale of the shares reported on this form, the Reporting Person held 102,142 Ordinary Shares. Following these transactions, the Reporting Person increased their holding of Ordinary Shares by 103,628, resulting in a total holding of 205,770 Ordinary Shares. The sale of shares was used to fund the option exercise price and commissions.
F4 Exercise of Vested Employee Stock Options that were granted on November 13, 2017 under old Amcor's 2017-2018 Long Term Incentive Plan. The Options vested August 21, 2020.
F5 Exercise of Vested Employee Stock Options that were granted on August 7, 2019 under old Amcor's 2018-2019 Long Term Incentive Plan. The Options vested August 20, 2021.