Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

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 viewer

Opens 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.