Julie Marie Sorrells - 24 Aug 2023 Form 4 Insider Report for Amcor plc (AMCR)

Role: V.P. & CORPORATE CONTROLLER
Signature: /s/ Damien Clayton, Attorney-in-Fact
Issuer symbol: AMCR
Transactions as of: 24 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Aug 2023, 13:31:00 UTC
Previous filing: 20 Sep 2022
Next filing: 18 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMCR	Ordinary Shares	Options Exercise		+6,464	+21%		36,622	24 Aug 2023	Direct	F1, F2
transaction	AMCR	Ordinary Shares	Tax liability	$0	-2,347	-6.4%	$0.000000	34,275	24 Aug 2023	Direct	F3
transaction	AMCR	Ordinary Shares	Options Exercise		+9,415	+27%		43,690	24 Aug 2023	Direct	F2
transaction	AMCR	Ordinary Shares	Tax liability	$0	-3,418	-7.8%	$0.000000	40,272	24 Aug 2023	Direct	F4
holding	AMCR	Ordinary Shares						7,674	24 Aug 2023	By 401(K) Plan

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	+14,304		$0.000000	14,304	24 Aug 2023	Ordinary Shares	14,304	$11.21	Direct	F5
transaction	AMCR	Restricted Stock Units	Award	$0	-9,415	-100%	$0.000000^*	0	24 Aug 2023	Ordinary Shares	9,415		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Settlement of performance shares that were granted on September 15, 2020 under the 2020-2021 Long Term Incentive Plan. 6,464 of the 15,500 performance shares vested based on achievement of the performance conditions and the remaining performance shares were forfeited.
F2	Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units.
F3	2,347 shares were withheld for tax withholding arising from the recent equity incentive plan vesting resulting in 4,117 shares.
F4	3,418 shares were withheld for tax withholding arising from the recent equity incentive plan vesting resulting in 5,997 shares.
F5	Vesting of the Employee Stock Options that were granted September 15, 2020 under the 2020-2021 Long Term Incentive Plan. 14,304 of the 34,300 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.
F6	The restricted stock units were granted on September 15, 2021 and vest August 28, 2023.