Morgan-Form 5
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FORM 5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
[ ] Check this box if no longer ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
subject to Section 16. Form 4 or
Form 5 obligations may continue. Filed pursuant to Section 16(a) of the Securities
See Instruction 1(b). Exchange Act of 1934, Section 17(a) of the
Public Utility Holding Company Act of 1935 or
[ ] Form 3 Holdings Reported Section 30(f) of the Investment Company Act of 1940
[X] Form 4 Transactions Reported
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|1. Name and Address of Reporting Person* | 2. Issuer Name and Ticker or Trading Symbol | 6. Relationship of Reporting Person(s) |
| | | to Issuer (Check all applicable) |
| MORGAN JOHN K. | ACUITY BRANDS, INC. (AYI) | |
| | | [ ] Director [ ] 10% Owner |
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| (Last) (First) (Middle) | 3. I.R.S. Identi- | 4. Statement for | [X] Officer (give [ ] Other(specify |
| | fication Number | Month/Year | title below) below) |
| C/O ACUITY BRANDS, INC. | of Reporting | | |
| 1170 PEACHTREE STREET, NE | Person, if an entity | 08/31/02 | Sr.Executive Vice President and |
| SUITE 2400 | (Voluntary) | | Chief Operating Officer |
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| (Street) | | 5. If Amendment, | 7. Individual or Joint/Group Filing |
| | | Date of Original| (Check Applicable Line) |
| ATLANTA GEORGIA 30309 | | (Month/Year) | [X]Form filed by One Reporting Person|
| | | | [ ]Form filed by More than One |
| | | | Reporting Person |
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| (City) (State) (Zip) |
| Table I-- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
| |
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|1.Title of Security | 2. Trans- | 2A.Deemed | 3. Trans- |4. Securities Acquired (A)| 5.Amount of | 6.Ownership | 7. Nature |
| (Instr. 3) | action | Execu- | action | or Disposed of (D) | Securities | Form: | of |
| | Date | tion | Code | (Instr. 3, 4 and 5) | Benefici- | Direct | Indirect|
| | (Month/ | Date, | (Instr.8)| | ally Owned | (D) or | Bene- |
| | Day/ | if any | |--------------------------| at end of | Indirect | ficial |
| | Year) | (Month/ | | Amount | (A) or | Price | Issuer's | (I) | Owner- |
| | | Day/ | | | (D) | | Fiscal Year | (Instr.4) | ship |
| | | Year) | | | | | (Instr.3 | | (Instr.4)|
| | | | | | | | 4) | | |
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| COMMON STOCK | | | | | | | 23,425(FN 1)| D | |
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| COMMON STOCK | | | | | | | 72 | I | By Son |
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| COMMON STOCK | (FN 2) | (FN 2) | P (FN2) | 2 | A | (FN 2)| | I | By Spouse |
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| COMMON STOCK | (FN 2) | (FN 2) | S | 290 | D | $14.55| 0 | I | By Spouse |
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| | | | | | | | | | |
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*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained in this form are not (over)
required to respond unles the form displays a currently valid OMB control number. SEC2270 (9-02)
FORM 5 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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|1. Title of Derivative | 2.Conver- |3.Trans- |3A.Deemed | 4.Trans- | 5. Number of Deriva- | 6. Date Exercisable |
| Security (Instr. 3) | sion or | action | Execu- | action | tive Securities | and Expiration |
| | Exercise | Date | tion | Code | Acquired (A) or | Date |
| | Price of | (Month/| Date, | (Instr.| Disposed of (D) | (Month/Day/Year) |
| | Deriva- | Day/ | if any | 8) | (Instr. 3, 4 and 5) | |
| | tive | Year) | (Month/ | | | |
| | Security | | Day/ |---------------------------------------------------------------
| | | | Year) | | (A) | (D) | Date | Expira- |
| | | | | | | | Exercisable | tion Date |
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| EMPLOYEE STOCK OPTION | $20.72 | 9/16/92 | 9/16/92 | A | 1,755(FN3)| | Immed. | 9/16/02 |
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| EMPLOYEE STOCK OPTION | $22.53 | 3/15/95 | 3/15/95 | A | 2,341(FN4)| | Immed. | 3/14/05 |
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| EMPLOYEE STOCK OPTION | $28.62 | 3/20/96 | 3/20/96 | A | 2,341(FN4)| | Immed. | 3/19/06 |
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| EMPLOYEE STOCK OPTION | $32.46 | 9/17/96 | 9/17/96 | A | 2,926(FN5)| | Immed. | 9/16/06 |
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| EMPLOYEE STOCK OPTION | $37.85 | 9/23/97 | 9/23/97 | A | 4,097(FN6)| | Immed. | 9/22/07 |
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| EMPLOYEE STOCK OPTION | $29.95 | 9/22/98 | 9/22/98 | A | 4,682(FN7)| | (FN7) | 9/21/08 |
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| EMPLOYEE STOCK OPTION | $23.65 | 1/5/00 | 1/5/00 | A | 7,023(FN8)| | (FN8) | 1/4/10 |
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| EMPLOYEE STOCK OPTION | $16.50 | 10/24/00| 10/24/00 | A | 64,850(FN9)| | (FN9) | 10/23/10 |
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| EMPLOYEE STOCK OPTION | $13.80 | 12/3/01 | 12/3/01 | A | 160,000(FN10)| | (FN10) | 12/2/11 |
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| EMPLOYEE STOCK OPTION | $16.17 | 6/26/02 | 6/26/02 | A | 30,000(FN11)| | (FN11) | 6/25/12 |
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| STOCK UNITS (FN12) | 1 FOR 1 | 12/31/01| 12/31/01 | A | 1,445(FN13)| | (FN13) | (FN13) |
| | |TO 8/1/02|TO 8/1/02 | | | | | |
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| STOCK UNITS (FN12) | 1 FOR 1 | 1/2/02 | 1/2/02 | I | 1,280(FN14)| | (FN14) | (FN14) |
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|7. Title and Amount | 8. Price of | 9. Number of | 10. Ownership | 11. Nature of |
| of Underlying | Derivative | Derivative | of | Indirect |
| Securities | Security | Securities | Derivative | Beneficial |
| (Instr. 3 and 4) | (Instr. 5) | Beneficially | Security: | Ownership |
| | | Owned at End | Direct (D) | (Instr. 4) |
-------------------------------- | of Year | or Indirect (I)| |
| Title | Amount or | | (Instr. 4) | (Instr. 4) | |
| | Number of | | | | |
| | Shares | | | | |
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| COMMON SHARES | 1,755 | N/A | 1,755 | D | |
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| COMMON SHARES | 2,341 | N/A | 2,341 | D | |
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| COMMON SHARES | 2,341 | N/A | 2,341 | D | |
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| COMMON SHARES | 2,926 | N/A | 2,926 | D | |
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| COMMON SHARES | 4,097 | N/A | 4,097 | D | |
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| COMMON SHARES | 4,682 | N/A | 4,682 | D | |
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| COMMON SHARES | 7,023 | N/A | 7,023 | D | |
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| COMMON SHARES | 64,850 | N/A | 64,850 | D | |
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| COMMON SHARES | 160,000 | N/A | 160,000 | D | |
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| COMMON SHARES | 30,000 | N/A | 30,000 | D | |
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| COMMON SHARES | 1,445 | N/A | | D | |
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| COMMON SHARES | 1,280 | N/A | 4,300(FN15) | D | |
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Explanation of Responses:
FN 1. Includes 1,380 performance-based, time vesting restricted shares.
FN 2. Due to a valuation adjustment in her 401(k) account during the fiscal year, Mr. Morgan's spouse acquired 2 shares
of the Issuer. Subsequently on August 9, 2002, Mr. Morgan's spouse authorized the sale of all of the shares held in her
account at a price of $14.55 per share.
FN 3. Represents an employee stock option granted by National Service Industries ("NSI") for 1,500 common shares which was
subsequently replaced with an employee stock option for 1,755 common shares of the Issuer pursuant to a formula set
forth in the Employee Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI.
Options relating to 1,755 shares are currently vested.
FN 4. Represents an employee stock option granted by NSI for 2,000 common shares which was subsequently replaced with
an employee stock option for 2,341 common shares of the Issuer pursuant to a formula set forth in the Employee
Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI. Options relating
to 2,341 shares are currently vested.
FN 5. Represents an employee stock option granted by NSI for 2,500 common shares which was subsequently replaced with
an employee stock option for 2,926 common shares of the Issuer pursuant to a formula set forth in the Employee
Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI. Options relating
to 2,926 shares are currently vested.
FN 6. Represents an employee stock option granted by NSI for 3,500 common shares which was subsequently replaced with
an employee stock option for 4,097 common shares of the Issuer pursuant to a formula set forth in the Employee
Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI. Options relating
to 4,097 shares are currently vested.
FN 7. Represents an employee stock option granted by NSI for 4,000 common shares which was subsequently replaced with
an employee stock option for 4,682 common shares of the Issuer pursuant to a formula set forth in the Employee
Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI. Options relating
to 3,511 shares are currently vested and options for an additional 1,171 shares will become exercisable
on 9/22/2002.
FN 8. Represents an employee stock option granted by NSI for 6,000 common shares which was subsequently replaced with
an employee stock option for 7,023 common shares of the Issuer pursuant to a formula set forth in the Employee
Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI. Options relating
to 3,511 shares are currently vested and options for an additional 1,756 shares will become exercisable
on 1/5/2003 and 1,756 shares will become exercisable on 1/5/2004.
FN 9. Represents an employee stock option granted by NSI for 55,400 common shares which was subsequently replaced with
an employee stock option for 64,850 common shares of the Issuer pursuant to a formula set forth in the Employee
Benefits Agreement between NSI and Issuer in connection with the spin-off of the Issuer from NSI. Options relating
to 16,212 shares are currently vested and options for an additional 16,213 shares will become exercisable
on 10/24/2002, 16,212 shares will become exercisable on 10/24/2003 and 16,213 shares will become exercisable on
10/24/2004.
FN10. This Option vests in three annual installments with 53,334 shares becoming exercisable on 12/3/2002, 53,333 shares
becoming exercisable on 12/3/2003 and 53,333 shares becoming exercisable on 12/3/2004.
FN11. This Option vests in three annual installments with 10,000 shares becoming exercisable on 6/26/2003, 10,000 shares
becoming exercisable on 6/26/2004 and 10,000 shares becoming exercisable on 6/26/2005.
FN12. Stock Units held in Acuity Brands Supplemental Deferred Savings Plan that will be paid in cash according to the
Plan's provisions.
FN13. During calendar 2001, Mr. Morgan elected a deferral resulting in a company contribution of 1,319 stock units at
December 31, 2001 at a valuation price of $12.10. In addition, during the period reported, dividends paid resulted
in an increase of 126 stock units at valuation prices ranging from $13.03 to $18.48.
FN14. At December 31, 2001, Mr. Morgan requested a reallocation of his holdings resulting in the acquisition of 1,280
stock units at a valuation price of $12.10.
FN15. Represents an aggregate balance of Issuer stock units resulting from (a) 1,345 NSI stock units accrued pursuant
to the NSI Supplemental Deferred Savings Plan which were subsequently replaced with 1,575 Issuer stock units in
connection with the spin-off of the Issuer from NSI, and (b) the transactions reported on this Form 5.
/s/ John K. Morgan 10/14/02
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained SEC2270 (9-02)
in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2