FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Stephan Louis Fred
2. Issuer Name and Ticker or Trading Symbol

Amcor plc [ AMCR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
PRESIDENT, AMCOR FLEXIBLES NA
(Last)          (First)          (Middle)

83 TOWER ROAD NORTH
3. Date of Earliest Transaction (MM/DD/YYYY)

11/22/2022
(Street)

WARMLEY, BRISTOL, X0 BS30 8XP
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 11/22/2022  M  2022 A$11.16 114486 D 
 
Ordinary Shares 11/22/2022  S  2022 D$12 112464 D 
 
Ordinary Shares 11/22/2022  M  33039 A$11.16 145503 D 
 
Ordinary Shares 11/22/2022  S  33039 D$11.9778 (1)112464 D 
 
Ordinary Shares 11/22/2022  M  461961 A$9.81 574425 D 
 
Ordinary Shares 11/22/2022  S  461961 D$11.9778 (2)112464 (3)D 
 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Options $11.16 11/22/2022  M     35061  8/20/2021 (4)10/31/2024 Ordinary Shares 35061 $0 0 D 
 
Employee Stock Options $9.81 11/22/2022  M     461961  8/26/2022 (5)10/31/2025 Ordinary Shares 461961 $0 478561 D 
 

Explanation of Responses:
(1) The price in Column 4 is a weighted average price. The prices actually received ranged from $11.9450 to $12.00. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 using an average price.
(2) The price in Column 4 is a weighted average price. The prices actually received ranged from $11.9450 to $12.00. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 using an average price.
(3) Prior to the option exercise and sale of the shares reported on this form, the Reporting Person held 112,464 Ordinary Shares. Following these transactions, the Reporting Person's directly held shares did not change.
(4) Exercise of Vested Employee Stock Options that were granted on August 7, 2019 under old Amcor's 2018-2019 Long Term Incentive Plan. The Options vested August 20, 2021.
(5) Exercise of Vested Employee Stock Options that were granted on November 11, 2019 under the 2019-2020 Long Term Incentive Plan. The Options vested August 26, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Stephan Louis Fred
83 TOWER ROAD NORTH
WARMLEY, BRISTOL, X0 BS30 8XP


PRESIDENT, AMCOR FLEXIBLES NA

Signatures
/s/ Damien Clayton, Attorney-in-Fact11/25/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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