Statement of Changes in Beneficial Ownership (4)
21 April 2022 - 10:33PM
Edgar (US Regulatory)
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
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
|
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 * Hershey Mark A |
2. Issuer Name and Ticker or Trading
Symbol ARMSTRONG WORLD INDUSTRIES INC [ AWI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
SVP Americas |
(Last)
(First)
(Middle)
C/O ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA
AVENUE |
3. Date of Earliest Transaction (MM/DD/YYYY)
4/19/2022
|
(Street)
LANCASTER, PA 17603
(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 |
Common Stock |
4/19/2022 |
|
M |
|
2416 (1) |
A |
$0 |
47469 |
D |
|
Common Stock |
4/19/2022 |
|
F |
|
1051 (2) |
D |
$92.81 |
46418 |
D |
|
Common Stock |
4/21/2022 |
|
S(3) |
|
1365 |
D |
$95.11 |
45053 |
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
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. 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 Date |
7. 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) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Performance Based Restricted Stock
Units |
(4) |
4/19/2022 |
|
M |
|
|
2416 |
(5) |
(6) |
Common Stock |
2416 |
$0 |
0 |
D |
|
Explanation of
Responses: |
(1) |
Reflects the conversion of
previously granted performance restricted stock units into shares
of Issuer's common stock in connection with the vesting of the
units based on underlying performance metrics. |
(2) |
Represents the number of
shares withheld by the Issuer to satisfy the Reporting Person's tax
obligations upon the vesting of performance restricted stock units
granted to the Reporting Person under the Issuer's 2016 Long-Term
Incentive Plan. |
(3) |
Sale pursuant to a Rule
10b5-1 Plan adopted by the Reporting Person on November 19,
2021. |
(4) |
Each performance restricted
stock unit represents a contingent right to receive one share of
Issuer's common stock. |
(5) |
The performance restricted
stock units were granted on February 26, 2019, under the 2016
Long-Term Incentive Plan of the Issuer. The performance period for
the performance restricted stock units was January 1, 2019 to
December 31, 2021, with vesting subject to achievement and
certification of pre-established performance conditions.
Achievement of the performance conditions was certified by the
Management Development and Compensation Committee of the Board of
Directors of the Issuer on April 19, 2022. |
(6) |
Not applicable. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Hershey Mark A
C/O ARMSTRONG WORLD INDUSTRIES, INC.
2500 COLUMBIA AVENUE
LANCASTER, PA 17603 |
|
|
SVP Americas |
|
Signatures
|
/s/ Bryan Y.M. Tham,
Attorney-in-fact |
|
4/21/2022 |
**Signature of Reporting
Person |
Date |
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. |
Armstrong World Industries (NYSE:AWI)
Historical Stock Chart
Von Jun 2022 bis Jul 2022
Armstrong World Industries (NYSE:AWI)
Historical Stock Chart
Von Jul 2021 bis Jul 2022