Filing Details

Accession Number:
0001127602-22-012313
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-21 16:31:20
Reporting Period:
2022-04-19
Accepted Time:
2022-04-21 16:31:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
7431 Armstrong World Industries Inc AWI Plastics Products, Nec (3089) 230366390
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1322386 A Mark Hershey C/O Armstrong World Industries, Inc.
2500 Columbia Avenue
Lancaster PA 17603
Svp Americas No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-04-19 2,416 $0.00 47,469 No 4 M Direct
Common Stock Disposition 2022-04-19 1,051 $92.81 46,418 No 4 F Direct
Common Stock Disposition 2022-04-21 1,365 $95.11 45,053 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Based Restricted Stock Units Disposition 2022-04-19 2,416 $0.00 2,416 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  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.