4//SEC Filing
Reiners Jennifer B 4
Accession 0000950170-23-006522
CIK 0001669811other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 6:03 PM ET
Size
18.9 KB
Accession
0000950170-23-006522
Insider Transaction Report
Form 4
Reiners Jennifer B
General Counsel
Transactions
- Tax Payment
Common Stock
2023-03-03$41.85/sh−1,285$53,777→ 56,820 total - Tax Payment
Common Stock
2023-03-03$41.85/sh−1,004$42,017→ 55,816 total - Award
Common Stock
2023-03-03$41.85/sh+9,961$416,868→ 65,777 total - Tax Payment
Common Stock
2023-03-03$41.85/sh−11,374$476,002→ 54,403 total - Award
Common Stock
2023-03-03+8,644→ 63,047 total - Award
Common Stock
2023-03-03+5,202→ 68,249 total - Exercise/Conversion
Common Stock
2023-03-03$22.35/sh+1,030$23,021→ 69,279 total - Sale
Common Stock
2023-03-03$41.50/sh−1,030$42,745→ 68,249 total - Exercise/Conversion
Employee Stock Option (right to buy)
2023-03-03−1,030→ 9,270 totalExercise: $22.35Exp: 2027-03-01→ Common Stock (1,030 underlying)
Footnotes (9)
- [F1]Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.
- [F2]Represents earned portions of Company granted PSUs issued in 2020 pursuant to a Rule 16b-3 plan for which performance has been determined. On March 3, 2023, the Compensation Committee determined the achievement of the performance goals for 2022 and 2020-2022, resulting in 3,195 and 6,766 earned stock units, respectively. The Compensaiton Committee had previously determined the achievement of the performance goals for 2020 and 2021, resulting in 6,412 and 9,300 earned stock units. The total earned stock units of 25,673 were delivered on March 3, 2023.
- [F3]Shares were withheld as payment of a tax liability incident to vesting of performance stock units issued in accordance with Rule 16b-3.
- [F4]Represents earned portions of Company granted PSUs issued in 2021 and 2022 pursuant to a Rule 16b-3 plan for which performance has been determined. 25% of each of the 2021 and 2022 PSUs are subject to performance goals for 2022. On March 3, 2023, the Compensation Committee determined the achievement of the performance goals for 2022, resulting in 3,828 and 4,816 earned stock units, for the 2021 and 2022 PSUs respectively, all of which remain subject to service-based vesting until cumulative performance of the PSU goals is determined after the close of the 2023 and 2024 performance year, as applicable
- [F5]Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 3, 2024.
- [F6]The exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 5, 2022.
- [F7]The reported price represents a weighted average sale price. All reported common stock was sold at $41.50 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
- [F8]Includes 38,169 shares held directly, 12,636 restricted stock unit, and 17,444 earned performance share units with additional service-based vesting.
- [F9]The option vests/ vested in four equal annual installments beginning on March 2, 2018.
Documents
Issuer
Donnelley Financial Solutions, Inc.
CIK 0001669811
Entity typeother
Related Parties
1- filerCIK 0001685328
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 6:03 PM ET
- Size
- 18.9 KB