ARMSTRONG WORLD INDUSTRIES INC — Director's Dealing 2021

Mar 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARMSTRONG WORLD INDUSTRIES INC (AWI)
CIK: 0000007431
Period of Report: 2021-03-08

Reporting Person: McNamara Stephen F (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-08	Common Stock	M	5145	$86.551	Acquired	20717	Direct
2021-03-08	Common Stock	M	4000	$86.2509	Acquired	24717	Direct
2021-03-08	Common Stock	M	3649	$89.4648	Acquired	28366	Direct
2021-03-08	Common Stock	M	3000	$89.4431	Acquired	31366	Direct
2021-03-08	Common Stock	S	3532	$85.8304	Disposed	27834	Direct
2021-03-08	Common Stock	S	4634	$86.6465	Disposed	23200	Direct
2021-03-08	Common Stock	S	979	$87.4725	Disposed	22221	Direct
2021-03-08	Common Stock	S	6649	$89.455	Disposed	15572	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-08	Stock Options (Right to Buy)	$37.83	M	5145	Disposed	2022-02-28	Common Stock (5145)	Direct
2021-03-08	Stock Options (Right to Buy)	$45.32	M	4000	Disposed	2023-02-20	Common Stock (4000)	Direct
2021-03-08	Stock Options (Right to Buy)	$45.32	M	3649	Disposed	2023-02-20	Common Stock (3649)	Direct
2021-03-08	Stock Options (Right to Buy)	$47.17	M	3000	Disposed	2024-02-25	Common Stock (3000)	Direct

Footnotes

F1: The price reported is a weighted average price.
These shares were sold in multiple transactions at per share prices ranging from $85.31 to $86.30. 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 within the range set forth in this footnote.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $86.345 to $87.23. 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 within the range set forth in this footnote.

F3: The price reported is a weighted average price.
These shares were sold in multiple transactions at per share prices ranging from $87.38 to $87.74. 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 within the range set forth in this footnote.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $89.355 to $89.57. 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 within the range set forth in this footnote.

F5: 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.

F6: 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.

F7: 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.