Michael J. Zacka - Sep 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
Sep 9, 2022
Transactions value $
-$4,776,043
Form type
4
Date filed
9/13/2022, 10:22 AM
Previous filing
Sep 6, 2022
Next filing
Aug 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Options Exercise $12.6M +1.28M +360.95% $9.81 1.64M Sep 9, 2022 Direct
transaction AMCR Ordinary Shares Sale -$15.6M -1.28M -78.31% $12.15 356K Sep 9, 2022 Direct F1, F2
transaction AMCR Ordinary Shares Sale -$1.78M -146K -41.19% $12.14 209K Sep 9, 2022 Direct 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 -1.28M -100% $0.00* 0 Sep 9, 2022 Ordinary Shares 1.28M $9.81 Direct F4
* 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 $12.1050 to $12.23. 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 sale of shares reported in this Form 4 were used to fund the tax liability arising from the recent equity incentive plan vesting and option exercise price.
F3 The price in Column 4 is a weighted average price. The prices actually received ranged from $12.10 to $12.2350. 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.
F4 Exercise of Vested Employee Stock Options that were granted on November 11, 2019 under the 2019-2020 Long Term Incentive Plan. The Options vested August 26, 2022.