Troy Rudd - 15 Aug 2024 Form 4 Insider Report for AECOM (ACM)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
Matt Benson, Attorney-in-Fact for Troy Rudd
Issuer symbol
ACM
Transactions as of
15 Aug 2024
Net transactions value
-$1,288,570
Form type
4
Filing time
16 Aug 2024, 16:05:07 UTC
Previous filing
18 Dec 2023
Next filing
03 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACM Common Stock Options Exercise $2,055,916 +53,097 +20% $38.72 312,265 15 Aug 2024 Direct F1
transaction ACM Common Stock Sale $669,590 -6,988 -2.2% $95.82 305,277 15 Aug 2024 Direct F2
transaction ACM Common Stock Sale $2,674,896 -27,722 -9.1% $96.49 277,555 15 Aug 2024 Direct F3
holding ACM Common Stock 1,330 15 Aug 2024 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 Employee Stock Option Options Exercise $0 -53,097 -50% $0.000000 53,097 15 Aug 2024 Common Stock 53,097 $38.72 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the exercise of a stock option that was exercisable in equal 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 May 9, 2024.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $95.30 to $96.30 all 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 May 9, 2024.
F3 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $96.31 to $96.80 all 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 May 9, 2024.