Exhibit 99.4      

Appendix 3Y      

Change of Director’s Interest Notice      

 

 

Rule 3.19A.2        

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

 

Name of entity

 

 

James Hardie Industries plc

 

ARBN

 

 

097 829 895

 

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

 

Name of Director

 

  

Louis GRIES

 

Date of last notice

 

  

23 September 2014

 

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

 

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

 

17 March 2015

 

No. of securities held prior to change

   

496,269 ordinary shares/CUFS registered in the name of the Director (of which 5,910 are subject to a holding lock until 7 June 2015, 79,241 are in a holding lock until 18 March 2016, 21,747 are in a holding lock until 6 June 2016 and 3,021 are in a holding lock until 17 September 2016).

 

Class

 

Ordinary shares/CUFS

 

Number acquired

 

200,261 ordinary shares/CUFS following vesting of Relative TSR Restricted Stock Units (Relative TSR RSUs).

 

 

 

 + See chapter 19 for defined terms.

 

  
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Appendix 3Y

Change of Director’s Interest Notice

 

 

 

Number disposed

 

174,252 ordinary shares/CUFS sold

 

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

 

 

 

 

Vesting of Relative TSR RSUs – Nil; and

     

Sale of ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs -$2,605,877.15.

 

No. of securities held after change

 

Current relevant interest is:

 

     

522,278 ordinary shares/CUFS registered in the name of the Director (of which 5,910 are subject to a holding lock until 7 June 2015, 79,241 are in a holding lock until 18 March 2016, 21,747 are in a holding lock until 6 June 2016, 3,021 are in a holding lock until 17 September 2016 and 26,009 are in a holding lock until 17 March 2017).

 

 

 

 + See chapter 19 for defined terms.

 

  
 Appendix 3Y  Page 2    01/01/2011


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

 

 

Two separate events:

   

 

 

 

200,261 ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs.

 

     

The on-market sale of ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs.

 

     

 

¡

   The disposal of some of the shares is required to fund (i) US State and Federal withholding tax obligations (which are payable on vesting of RSUs) and (ii) sale costs;
     

 

¡

   75% of the remaining shares were sold on-market in compliance with the James Hardie stock accumulation policy; and
       

 

¡

  

25% of the remaining shares have been retained and are subject to a two-year holding lock in accordance with the James Hardie stock accumulation policy. Following the sale the shareholding of the Director is currently more than 150% of his Board-approved shareholding target.

 

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

 

Detail of contract

 

  

Not applicable

 

Nature of interest

 

  

Restricted Stock Units (RSUs) are contractual entitlements to receive or be issued ordinary shares/CUFS upon satisfaction of certain conditions.

 

Name of registered holder

(if issued securities)

 

  

Not applicable

Date of change

 

  

17 March 2015

 

 

 

+ See chapter 19 for defined terms.

 

  
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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

 

      

  

1,565,159 Relative TSR RSUs; and

796,289 ROCE RSUs.

       
         
           

Interest acquired

      

Not applicable

 

Interest disposed

      

200,261 Relative TSR RSUs vested on 17 March 2015.

 

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

 

      

No cash consideration was paid to exercise the RSUs.

Interest after change

      

Current interests in contracts:

 

           

1,364,898 Relative TSR RSUs; and

           

796,289 ROCE RSUs.

 

Part 3 – +Closed period

 

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.

 

  
 Appendix 3Y  Page 4    01/01/2011