Louis Fred Stephan - 17 Aug 2022 Form 4 Insider Report for Amcor plc (AMCR)

Role
PRESIDENT, AMCOR FLEXIBLES NA
Signature
/s/ Damien Clayton, Attorney-in-Fact
Issuer symbol
AMCR
Transactions as of
17 Aug 2022
Net transactions value
$0
Form type
4
Filing time
19 Aug 2022, 13:49:29 UTC
Previous filing
03 Sep 2021
Next filing
25 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Award $0 +107,304 +346% $0.000000 138,360 17 Aug 2022 Direct F1
holding AMCR Ordinary Shares 63,342 17 Aug 2022 By Spouse

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 Award $0 +940,522 $0.000000 940,522 17 Aug 2022 Ordinary Shares 940,522 $9.81 Direct F2
transaction AMCR Restricted Stock Units Award $0 +43,583 $0.000000* 0 17 Aug 2022 Ordinary Shares 43,583 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance rights that were granted on November 11, 2019 under the 2019-2020 Long Term Incentive Plan of Amcor Limited ("Old Amcor"), a predecessor of Amcor, plc ("Amcor"). 107,304 of the 131,500 performance rights vested based on achievement of the performance conditions and the remaining performance rights were forfeited.
F2 Vesting of Employee Stock Options that were granted on November 11, 2019 under Old Amcor's 2019-2020 Long Term Incentive Plan. 940,522 of the 1,152,600 Employee Stock Options vested and the remaining Employee Stock Options were forfeited. The Employee Stock Options remain subject to a share price condition whereby the share price must exceed the exercise price for the Employee Stock Option to be exercisable.
F3 Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units.