Michael Casamento - 31 Aug 2022 Form 4 Insider Report for Amcor plc (AMCR)

Role
EXECUTIVE VP, FINANCE & CFO
Signature
/s/ Damien Clayton, Attorney-in-Fact
Issuer symbol
AMCR
Transactions as of
31 Aug 2022
Net transactions value
-$1,757,311
Form type
4
Filing time
02 Sep 2022, 15:58:22 UTC
Previous filing
31 Aug 2022
Next filing
28 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMCR Ordinary Shares Options Exercise $7,659,491 +780,784 +213% $9.81 1,148,032 31 Aug 2022 Direct
transaction AMCR Ordinary Shares Sale $9,416,802 -780,784 -68% $12.06 367,248 31 Aug 2022 Direct F1, F2
transaction AMCR Ordinary Shares Options Exercise +66,137 +18% 433,385 01 Sep 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMCR Employee Stock Options Options Exercise $0 -780,784 -100% $0.000000* 0 31 Aug 2022 Ordinary Shares 780,784 $9.81 Direct F4
transaction AMCR Restricted Stock Units Options Exercise $0 -66,137 -100% $0.000000* 0 01 Sep 2022 Ordinary Shares 66,137 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $12.005 to $12.13. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 using an average price.
F2 The sale of shares was used to fund the tax liability arising from the recent equity incentive plan vesting and option exercise price.
F3 Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units.
F4 Exercise of Vested Employee Stock Options that were granted on November 11, 2019 under the 2019-2020 Long Term Incentive Plan. The Options vested August 26, 2022.
F5 The restricted stock units were granted on September 15, 2020 and vested September 1, 2022.