AI assistant
ACUITY INC. (DE) — Director's Dealing 2020
Sep 4, 2020
30581_dirs_2020-09-03_9ff663d9-ecb1-4904-9e04-1b998061219e.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACUITY BRANDS INC (AYI)
CIK: 0001144215
Period of Report: 2020-09-01
Reporting Person: ASHE NEIL (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-01 | Non-Qualified Stock Option (Price Target 2) | $108.96 | A | 225000 | Acquired | 2030-09-01 | Common Stock (225000.0) | Direct |
| 2020-09-01 | Non-Qualified Stock Option (Price Target 3) | $108.96 | A | 52200 | Acquired | 2030-09-01 | Common Stock (52200.0) | Direct |
Footnotes
F1: This option will vest and become exercisable after the attainment of two independent conditions: (1) four-year ratable vesting from the Grant Date (56,250 shares on September 1 on each of 2021, 2022, 2023 and 2024); and (2) the closing price of the Company's common stock reaching $275 and remaining at or above $275 for ten consecutive trading days at any time following the Grant Date and prior to the expiration date, September 1, 2030.
F2: This option will vest and become exercisable after the attainment of two independent conditions: (1) four-year ratable vesting from the Grant Date (13,050 shares on September 1 on each of 2021, 2022, 2023 and 2024); and (2) the closing price of the Company's common stock reaching $225 and remaining at or above $225 for ten consecutive trading days at any time following the Grant Date and prior to the expiration date, September 1, 2030.