ArmstronBOB体育在线g Flooring,Inc。

2015年2月23日,AWI宣布其董事会一致批准了一项将AWI的弹性地板和木地板段分开,从其建筑产品(天花板)部分分开。通过将资产和负债分配给AFI的弹性地板和木地板段的资产和负债进行分离,然后将AFI普通股票分配给AWI的股东。分离和分配导致AWI和AFI成为两个独立,公开交易的公司,拥有AFI拥有和操作弹性地板和木地板段和AWI继续拥有并经营建筑产品(天花板)段。AFI与AWI的分离和AFI普通股的分配旨在为两个独立的公开交易公司提供股权所有权的股东,专门关注各自的各自业务。AWI和AFI期望分离将导致每个业务的长期表现。

这些常见问题解答谁是谁?

AFI为AWI普通股的遗产持有人提供了这些常见问题解答。AWI常见股份持有人于2016年3月21日截至2016年3月21日,分销的记录日期,有权获得在此日期关闭业务近期举行的每两个AWI普通股的AFI常见股份。此常见问题文件将帮助您了解分离和分配如何影响AFI和AWI的分离后所有权。

AFI的分离是如何从AWI工作的?

To accomplish the separation, AWI engaged in a division under Pennsylvania law (the “division”), in which the assets and liabilities of AWI related primarily to AWI’s Resilient Flooring and Wood Flooring segments were allocated to a newly-formed Pennsylvania corporation that resulted from the division (the “Resulting PA Corporation”). After the division became effective, the Resulting PA Corporation merged with and into AFI (the “second step merger”), with AFI surviving the second step merger as a Delaware corporation and the successor to the Resulting PA Corporation. In addition to the division and the second step merger, any assets and liabilities of AWI’s retained subsidiaries that were related primarily to AWI’s Resilient Flooring and Wood Flooring segments were assigned, assumed or transferred to AFI or one of its subsidiaries.

划分完成后,第二步合并,以及额外资产和负债的任何相关的任务,假设或转让,AWI将所有优秀股份的AFI普通股的所有未偿还股份到AWI RATA作为旨在的分配作为be generally tax-free for U.S. federal income tax purposes.

为什么AFI的分离为分布?

AWI认为,美国AFI普通股的一般税收分配到AWI股东是一种有效的方法,以便以适合AFI,AWI的长期价值分开其弹性地板和木地板段的有效方法及其各自的股东。

分布的记录日期是什么?

分销的记录日期是2016年3月21日。

分布何时发生?

AFI普通股的股份于2016年4月1日至2016年4月1日至2016年4月1日至2016年3月21日在业务结束时持有AWI普通股的持有人,该分销的记录日期。

如何发出AFI普通股票的股票?

通过目前用于持有或贸易AWI普通股的相同渠道收到AFI常见股票,无论是否通过经纪账户,401(k)计划或其他渠道。收到AFI股份的记录方式与通常用于获得股东更新的相同方式,例如每月经纪人陈述和401(k)陈述。

如果您拥有AWI普通股,因为在分销的记录日期,包括所得款项所拥有的股票,AWI,在美国股票转移和信托公司,LLC(“AST”),分配代理人,以书籍入境表格为您或您的经纪公司以电子分发AFI常见股份。

股东在分销中收到了多少股AFI常见股票?

AWI分发了AFI常见股的一份AWI常见的AWI持有的每两股AWI,以便在分发日期的纪录日期间举行。截至2016年3月9日截至2016年3月9日截至大约55,477,557 AWI普通股,分布了大约27,738,778股AFI普通股。

AFI是否在分销中发行了其普通股的分数股票?

没有。AFI没有发布其普通股在分销中的分数份额。AWI股东将有权获得接收的分数股份被汇总并销往公共市场。这些销售的总净现金收益是分布式职业税款(基于分数股份,此类持有人否则有权获得)否则有权获得股份股份的股东。现金收件人代替分数股份无权对代替分数股份所取代的付款金额没有任何利息。

分离和分配的完成日期是什么时候?

The separation and distribution was completed on April 1, 2016., when the shares of AFI common stock were be distributed by AWI at 11:59 p.m., Eastern time, on such date, to the holders of record of AWI common shares at the close of business on March 21, 2016, the record date for the distribution.

AFI常见股票交易的股票在哪里交易?

AFI普通股目前在纽约证券交易所交易符号“AFI”。

AWI常见股票上市发生了什么?

AWI普通股继续在符号“AWI”下的分布后继续进行纽约证券交易所。

股东所拥有的AWI常见股份是否因分发而变化?

不可以。由于分发而没有改变所拥有的AWI常见份额的数量。

该分配是否影响了我AWI普通股的市场价格?

是的。As a result of the distribution, AWI’s trading price of AWI common shares immediately following the distribution was lower than the “regular-way” trading price of such shares immediately prior to the distribution because the trading price no longer reflected the value of the Resilient Flooring and Wood Flooring segments. There can be no assurance that the aggregate market value of the AWI common shares and the AFI common stock following the separation will be higher or lower than the market value of AWI common shares before the separation. This means, for example, that the combined trading prices of two AWI common shares and one share of AFI common stock after the distribution may be equal to, greater than or less than the trading price of two AWI common shares before the distribution.

什么是美国联邦所得税的分离和分配?

The distribution was conditioned upon, among other things, AWI’s receipt of an opinion of outside counsel, in form and substance satisfactory to AWI, regarding the qualification of the separation and distribution as a transaction that generally is tax-free to AWI and, except to the extent of cash received in lieu of fractional shares, AWI’s shareholders, for U.S. federal income tax purposes, under Sections 355 and 368(a)(1)(D) of the Code. As a result, AWI shareholders generally should not be required, for U.S. federal income tax purposes, to recognize any gain or loss or to include any amount in their income upon their receipt of AFI common stock in the distribution except with respect to cash received in lieu of a fractional share of AFI common stock.

如何在分发所收到的AFI股票中确定的税金?

For U.S. federal income tax purposes, a shareholder’s aggregate basis in the common shares that held in AWI and the new AFI common stock received in the distribution (including any fractional share interest in AFI common stock for which cash was received) equaled the aggregate basis in the AWI common shares held immediately before the distribution, allocated between AWI common shares and the AFI common stock (including any fractional share interest in AFI common stock for which cash is received) received in the distribution in proportion to the relative fair market value of each on the distribution date. You should consult your tax advisor about the particular consequences of the separation and distribution to you, including the application of the tax basis allocation rules and the application of state, local and non-U.S. tax laws.

在分离后AFI与AWI的关系是什么?

AFI entered into a separation and distribution agreement with AWI to effect the separation and provide a framework for AFI’s relationship with AWI after the separation and entered into certain other agreements, such as a transition services agreement, a tax matters agreement, an employee matters agreement, a campus lease agreement and trademark license agreements. These agreements, together with a plan of division that adopted by AWI’s board of directors, provided for the separation and allocation between AFI and AWI of the assets, employees, liabilities and obligations of AWI and its subsidiaries attributable to periods prior to, at and after AFI’s separation from AWI and govern the relationship between AFI and AWI subsequent to the completion of the separation and distribution.

是否存在与拥有AFI常见股票的风险?

是的。AFI常见股票的所有权受到与AFI业务有关的一般和具体风险,其业务的业务,其与AWI的持续合同关系及其作为单独的公开交易公司的地位。AFI普通股的所有权也受到与分离有关的风险。这些风险在我们的表格10的“风险因素”部分中描述,可在SEC的网站www.sec.gov访问。

AFI计划支付股息吗?

AFI目前不打算支付定期的现金股息。向共同股票支付现金股息的决定将遵循AFI董事会的唯一自行决定,并取决于许多因素。

AFI在分配之前或在分配时招致任何债务吗?

是的。AFI在分离后作为一家新的公开交易公司,约有1000万美元的债务。AFI在分离到AWI之前分布了大约500万美元的资金。

谁是AFI普通股的分销代理,转运代理人,注册商和信息代理?

AFI常见股票的分配代理,转让代理商和注册商是AST。有关与随后转让AFI普通股有关的分配或事务的机制有关的问题,您应该在(877)248-6417上致电AST股东服务。如果您的股票由银行,经纪人或其他被提名者持有,则应联系您的银行或经纪人。

在普通股的分离和分配方面可以找到其他信息吗?

有关分离和分配协议和其他交易协议的其他信息,可以在AFI在SEC网站www.sec.gov的网站上的申请中找到。