Michael Casamento - 26 Aug 2024 Form 4 Insider Report for Amcor plc (AMCR)

Signature
/s/ Damien Clayton, Attorney-in-Fact
Issuer symbol
AMCR
Transactions as of
26 Aug 2024
Net transactions value
$0
Form type
4
Filing time
28 Aug 2024, 16:12:13 UTC
Previous filing
19 Mar 2024
Next filing
02 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Options Exercise +44,125 +7.8% 609,282 26 Aug 2024 Direct F1, F2
transaction AMCR Ordinary Shares Tax liability $0 -12,475 -2% $0.000000 596,807 28 Aug 2024 Direct F3
transaction AMCR Ordinary Shares Options Exercise +40,664 +6.8% 637,471 26 Aug 2024 Direct F2
transaction AMCR Ordinary Shares Tax liability $0 -11,712 -1.8% $0.000000 625,759 26 Aug 2024 Direct F4, F5

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 +105,775 $0.000000 105,775 26 Aug 2024 Ordinary Shares 105,775 $12.40 Direct F6
transaction AMCR Restricted Stock Units Options Exercise $0 -40,664 -100% $0.000000 0 26 Aug 2024 Ordinary Shares 40,664 Direct F2, F7
transaction AMCR Restricted Stock Units Award $0 +34,569 $0.000000 0 26 Aug 2024 Ordinary Shares 34,569 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance rights that were granted on September 15, 2021 under the 2021-2022 Long Term Incentive Plan of Amcor Limited ("Old Amcor"), a predecessor of Amcor, plc ("Amcor"). 44,125 of the 176,500 performance rights vested based on achievement of the performance conditions and the remaining performance rights 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 12,475 shares were withheld for tax withholding arising from the recent equity incentive plan vesting resulting in 31,650 shares.
F4 11,712 shares were withheld for tax withholding arising from the recent equity incentive plan vesting resulting in 28,952 shares.
F5 97,365 of the 638,234 shares are held as CDIs.
F6 Vesting of the Employee Stock Options that were granted September 15, 2021 under the 2021-2022 Long Term Incentive Plan. 105,775 of the 423,100 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.
F7 The restricted stock units were granted on September 15, 2022 and vest August 28, 2024.