SEC Info - Chiappone Charles M - ‘4’ for 3/2/20 re: Armstrong World Industries Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Chiappone Charles M

(Last)

(First)

(Middle)

C/O ARMSTRONG WORLD INDUSTRIES, INC.

2500 COLUMBIA AVENUE

(Street)

LANCASTER

17603

(City)

(State)

(Zip)

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, Ceiling Solutions

3. Date of Earliest Transaction (Month/Day/Year)
3/2/20

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	3/2/20		M ⁽¹⁾		2,307	A	$101.4865	30,912	D
Common Stock	3/2/20		M ⁽¹⁾		3,781	A	$101.5165	34,693	D
Common Stock	3/2/20		M ⁽¹⁾		5,904	A	$101.539	40,597	D
Common Stock	3/2/20		S ⁽¹⁾		15,865	D	$101.521 ⁽²⁾	24,732	D
Common Stock	3/2/20		G	V	250	D	$0	24,482 ⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to Buy)	$37.83	3/2/20		M			2,307	⁽⁴⁾	2/28/22	Common Stock	2,307	$0	2,307	D
Stock Options (Right to Buy)	$45.32	3/2/20		M			3,781	⁽⁵⁾	2/20/23	Common Stock	3,781	$0	3,781	D
Stock Options (Right to Buy)	$47.17	3/2/20		M			5,904	⁽⁶⁾	2/25/24	Common Stock	5,904	$0	5,904	D

Explanation of Responses:

(1) Options exercised and shares sold pursuant to a 10b5-1 Plan.

(2) The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $98.96 to $104.02. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price.

(3) Transaction represents the transfer of 250 shares by the reporting person of Issuer common stock by bona fide gift.

(4) The stock options were granted on February 28, 2012. Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche. All options are currently vested and exercisable.

(5) The stock options were granted on February 20, 2013. Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche. All options are currently vested and exercisable.

(6) The stock options were granted on February 25, 2014. Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche. All options are currently vested and exercisable.

	/s/ Bryan Y.M. Tham, Attorney-in-fact	3/3/20
	** 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 Number.

____________ Transaction Codes:
G	Bona fide gift.
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.
S	Open market or private sale of non-derivative or derivative security.

Chiappone Charles M – ‘4’ for 3/2/20 re: Armstrong World Industries Inc.

On: Tuesday, 3/3/20, at 4:19pm ET · For: 3/2/20 · Accession #: 1127602-20-8974 · File #: 1-02116

Previous ‘4’: ‘4’ on 4/3/19 for 4/1/19 · Next: ‘4’ on 4/3/20 for 4/1/20 · Latest: ‘4’ on 1/17/24 for 1/12/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Chiappone Charles M – ‘4’ for 3/2/20 re: Armstrong World Industries Inc.

On: Tuesday, 3/3/20, at 4:19pm ET · For: 3/2/20 · Accession #: 1127602-20-8974 · File #: 1-02116

Previous ‘4’: ‘4’ on 4/3/19 for 4/1/19 · Next: ‘4’ on 4/3/20 for 4/1/20 · Latest: ‘4’ on 1/17/24 for 1/12/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents