4/A//SEC Filing
LSC Communications, Inc. 4/A
Accession 0000899243-16-032555
CIK 0001669812operating
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 7:26 PM ET
Size
6.2 KB
Accession
0000899243-16-032555
Insider Transaction Report
Form 4/AAmended
BETTMAN SUZANNE S
See Remarks
Transactions
- Award
Common Stock
2016-10-01+36,170→ 105,124 total
Footnotes (3)
- [F1]Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Suzanne S. Bettman was awarded restricted stock with a value of $949,941 by LSC Communications, Inc. ("LSC"). Such grant represents 36,170 shares of restricted stock calculated based on the twenty trading day volume weighted average price of LSC common stock following the date of grant.
- [F2]Reflects ownership of 15,937 shares of LSC common stock received in connection with the spinoff of LSC by R. R. Donnelley & Sons Company ("RRD") and the distribution of one (1) share of LSC common stock for every eight (8) shares of RRD common stock held prior to the spinoff, which was effective on October 1, 2016. Amount also reflects 53,017 restricted stock units, which are reflected as beneficially owned and reported as shares of LSC common stock.
- [F3](Continued from footnote 2) The number of restricted stock units was determined pursuant to an equitable adjustment in the Separation and Distribution Agreement, dated as of September 14, 2016, by and among RRD, LSC, and Donnelley Financial Solutions, Inc. ("DFS"), and gives effect to the distribution by RRD of 80.75% of the common stock of each of LSC and DFS, which occurred on October 1, 2016.
Documents
Issuer
LSC Communications, Inc.
CIK 0001669812
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001669812
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 7:26 PM ET
- Size
- 6.2 KB