Austin So - Jan 31, 2025 Form 4 Insider Report for ARMSTRONG WORLD INDUSTRIES INC (AWI)

Signature
/s/ Austin So
Stock symbol
AWI
Transactions as of
Jan 31, 2025
Transactions value $
-$61,914
Form type
4
Date filed
2/3/2025, 04:48 PM
Previous filing
Feb 22, 2024
Next filing
Feb 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWI Common Stock Options Exercise +1.27K +77.24% 2.91K Jan 31, 2025 Direct F1
transaction AWI Common Stock Tax liability -$61.9K -410 -14.08% $151.01 2.5K Jan 31, 2025 Direct

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 AWI Restricted Stock Units Options Exercise -1.27K -100% 0 Jan 31, 2025 Common Stock 1.27K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On February 1, 2022, the Reporting Person was granted 3,805 restricted stock units, which vest as follows: (1) 1,268 on the first anniversary of the grant, (2) 1,268 on the second anniversary of the grant and (3) 1,269 on the third anniversary of the grant (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided for under the Issuer's 2016 Long-Term Incentive Plan).
F3 Price of Derivative Security is $0.