Appendix 3Y Change of Director’s Interest Notice |
Name of entity James Hardie Industries plc | ||
ARBN 097 829 895 |
Name of Director | Jack TRUONG | ||||
Date of last notice | 19 August 2019 |
Direct or indirect interest | Direct | ||||
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. | Not applicable | ||||
Date of change | Two separate events •21 August 2020 •28 August 2020 | ||||
No. of securities held prior to change | 0 | ||||
Class | Ordinary shares/CUFS |
+ See chapter 19 for defined terms. |
Appendix 3Y Change of Director’s Interest Notice |
Number acquired | •28,426 ordinary shares/CUFs following vesting of 28,426 Return on Capital Employed Restricted Stock Units (ROCE RSUs) on 21 August 2020. •82,302 ordinary shares/CUFS following vesting of 82,302 Relative Total Shareholder Returns Restricted Stock Units (Relative TSR RSUs) on 28 August 2020. | ||||
Number disposed | 12,596 ordinary shares/CUFs sold on 21 August 2020. 36,463 ordinary shares/CUFS sold on 28 August 2020. | ||||
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation | •Vesting of ROCE RSUs on 21 August 2020 – Nil •Vesting of Relative TSR RSUs on 28 August 2020 – Nil •Sale of ordinary shares/CUFS issued pursuant to vesting of ROCE RSUs on 21 August 2020 - A$396,036 •Sale of ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs on 28 August 2020 - A$1,141,977 | ||||
No. of securities held after change | 61,669 ordinary shares/CUFS registered in the name of the Director (15,417 are in a holding lock until 21 August 2022) |
+ See chapter 19 for defined terms. |
Appendix 3Y Change of Director’s Interest Notice |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Four separate events: •28,426 ordinary shares/CUFs following vesting of 28,426 ROCE RSUs on 21 August 2020. •82,302 ordinary shares/CUFS following vesting of 82,302 Relative TSR RSUs on 28 August 2020. •The on-market sale of ordinary shares/CUFS issued pursuant to vesting of ROCE RSUs and Relative TSR RSUs as follows: ◦12,596 on 21 August 2020 ◦36,463 on 28 August 2020 ▪ The disposal of ordinary shares/CUFS required to fund US state and Federal withholding tax obligations (which are payable on vesting of RSUs). |
Detail of contract | Not applicable | ||||
Nature of interest | RSUs are contractual entitlements to be issued ordinary shares/CUFs upon satisfaction of certain conditions | ||||
Name of registered holder (if issued securities) | Not applicable | ||||
Date of change | Two separate events •21 August 2020 – Vesting and cancellation of RSUs •28 August 2020 – Vesting of RSUs |
+ See chapter 19 for defined terms. |
Appendix 3Y Change of Director’s Interest Notice |
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed | ROCE RSUs •34,110 ROCE RSUs with a vesting date of 21/08/20 •34,110 ROCE RSUs vesting rateably on 21/08/20, 21/08/21 and 21/08/22 •55,938 ROCE RSUs with a vesting date of 17/08/21 •9,519 ROCE RSUs with a vesting date of 17/08/21 •75,545 ROCE RSUs with a vesting date of 17/08/22 TSR RSUs •61,726 TSR RSUs with a vesting date of 21/08/20 •61,726 TSR RSUs vesting rateably on 21/08/20, 21/08/21 and 21/08/22 •106,058 TSR RSUs with a vesting date of 17/08/21. •18,518 TSR RSUs with a vesting date of 17/08/21. •139,432 TSR RSUs with a vesting date of 17/08/22. | ||||
Interest acquired | Not applicable | ||||
Interest disposed | •28,426 ROCE RSUs vested on 21 August 2020. •17,054 ROCE RSUs were cancelled on 21 August 2020. •82,302 Relative TSR RSUs vested on 28 August 2020. | ||||
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation | No cash consideration was paid to exercise the RSUs. |
+ See chapter 19 for defined terms. |
Appendix 3Y Change of Director’s Interest Notice |
Interest after change | ROCE RSUs •22,740 ROCE RSUs vesting rateably on 21/08/21 and 21/08/22 •55,938 ROCE RSUs with a vesting date of 17/08/21 •9,519 ROCE RSUs with a vesting date of 17/08/21 •75,545 ROCE RSUs with a vesting date of 17/08/22 TSR RSUs •41,150 TSR RSUs vesting rateably on 21/08/21 and 21/08/22 •106,058 TSR RSUs with a vesting date of 17/08/21. •18,518 TSR RSUs with a vesting date of 17/08/21. •139,432 TSR RSUs with a vesting date of 17/08/22. |
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | No | ||||
If so, was prior written clearance provided to allow the trade to proceed during this period? | Not applicable | ||||
If prior written clearance was provided, on what date was this provided? | Not applicable |
+ See chapter 19 for defined terms. |