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

Role
V.P. & CORPORATE CONTROLLER
Signature
/s/ Damien Clayton, Attorney-in-Fact
Stock symbol
AMCR
Transactions as of
Aug 24, 2023
Transactions value $
$0
Form type
4
Date filed
8/28/2023, 01:31 PM
Previous filing
Sep 20, 2022
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Options Exercise +6.46K +21.43% 36.6K Aug 24, 2023 Direct F1, F2
transaction AMCR Ordinary Shares Tax liability $0 -2.35K -6.41% $0.00 34.3K Aug 24, 2023 Direct F3
transaction AMCR Ordinary Shares Options Exercise +9.42K +27.47% 43.7K Aug 24, 2023 Direct F2
transaction AMCR Ordinary Shares Tax liability $0 -3.42K -7.82% $0.00 40.3K Aug 24, 2023 Direct F4
holding AMCR Ordinary Shares 7.67K Aug 24, 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 +14.3K $0.00 14.3K Aug 24, 2023 Ordinary Shares 14.3K $11.21 Direct F5
transaction AMCR Restricted Stock Units Award $0 -9.42K -100% $0.00* 0 Aug 24, 2023 Ordinary Shares 9.42K 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.