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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ESPE MATTHEW J C/O ARMSTRONG WORLD INDUSTRIES, INC. 2500 COLUMBIA AVENUE LANCASTER, PA 17603 |
X | President and CEO |
/s/Christopher S. Parisi, Attorney-in-fact | 01/02/2014 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Represents the number of shares acquired by the Reporting Person upon the achievement of certain share price related performance conditions and time based vesting requirements underlying a grant of performance restricted stock units (PRSUs) to the Reporting Person in an aggregate of 39,958 in August 2010 under the Issuer's 2006 Long Term Incentive Plan. Under the terms of the grant, the vesting terms of the PRSUs are as follows: (1) 50% on December 31, 2012 if the Issuer's closing stock price is at/above $42.73 for 15 days in a 20 day consecutive trading period and (2) 50% on December 31, 2013 if the Issuer's closing stock price is above/at $49.56 for 15 days in a 20 day consecutive trading period. The conditions under (1) were previously satisfied and the underlying award was reported on a Form 4 filed with the Commission on January 3, 2013. The conditions under (2) have been satisfied and the underlying award is reported herein. |
(2) | Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations upon the vesting of the PRSUs defined in Footnote 1 above. |