Troy Rudd - Dec 15, 2022 Form 4 Insider Report for AECOM (ACM)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
Matt Benson, Attorney-in-Fact for Troy Rudd
Stock symbol
ACM
Transactions as of
Dec 15, 2022
Transactions value $
-$10,880,706
Form type
4
Date filed
12/19/2022, 06:09 PM
Previous filing
Nov 10, 2022
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACM Common Stock Options Exercise $0 +23.2K +14.01% $0.00 189K Dec 16, 2022 Direct F1
transaction ACM Common Stock Award $0 +69.7K +36.87% $0.00 259K Dec 16, 2022 Direct F2
transaction ACM Common Stock Options Exercise $4.11M +106K +41.06% $38.72 365K Dec 16, 2022 Direct F3
transaction ACM Common Stock Tax liability -$3.5M -42.3K -11.59% $82.77 323K Dec 16, 2022 Direct F4
transaction ACM Common Stock Sale -$10.3M -125K -38.61% $82.43 198K Dec 16, 2022 Direct F5
transaction ACM Common Stock Sale -$1.23M -14.8K -7.46% $83.17 183K Dec 16, 2022 Direct F6
holding ACM Common Stock 1.21K Dec 15, 2022 by Merrill Lynch under AECOM Retirement & Savings Plan (RSP)

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 ACM Restricted Stock Units Award $0 +36.8K $0.00 36.8K Dec 15, 2022 Common Stock 36.8K Direct F7
transaction ACM Restricted Stock Units Options Exercise -23.2K -100% 0 Dec 16, 2022 Common Stock 23.2K Direct F1
transaction ACM Employee Stock Option Options Exercise -106K -40% 159K Dec 16, 2022 Common Stock 106K $38.72 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive, upon vesting, one share of the Issuer's common stock. These restricted stock units were granted on December 16, 2019, and vested in full on December 16, 2022. The Form 4 filed on December 17, 2019, reported a grant date of December 15, 2019, in error.
F2 Represents shares acquired pursuant to AECOM's Performance Earnings Program under the 2016 Stock Incentive Plan.
F3 Represents the exercise of a stock option that was exercisable in tranches subject to (A) Mr. Rudd's continued employment with the Issuer through the first, second, third, fourth and fifth anniversaries of the 8/15/2020 option grant date, and (B) the volume-weighted average prices of AECOM's common stock on the New York Stock Exchange during any consecutive 20 trading day period exceeding certain price hurdles. The exercise of the stock options reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022.
F4 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations in connection with the vesting of the restricted stock units and shares acquired under the Performance Earnings Program.
F5 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $81.92 to $82.91 the majority of which were sold to satisfy the option exercise price and related taxes. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range noted in this footnote. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022.
F6 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.92 to $83.50 the majority of which were sold to satisfy the option exercise price and related taxes. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range noted in this footnote. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022.
F7 Represents annual grant of restricted stock units. Each restricted stock unit represents a contingent right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Stock Incentive Plan. The restricted stock units vest in full on December 15, 2025, subject to continued service through the vesting date.