LSC Communications, Inc. 4
4 · LSC Communications, Inc. · Filed Mar 1, 2017
Insider Transaction Report
Form 4
BETTMAN SUZANNE S
See Remarks
Transactions
- Award
Common Stock
2017-02-27+15,230→ 130,950 total - Award
Common Stock
2017-02-27+12,690→ 143,640 total
Holdings
- 47(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a one year free cash flow performance target, and if such performance target is met, the RSAs will vest in full on March 2, 2020. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 120% if performance meets specified levels. The amount reported above reflects 120% and will be cut back based upon performance levels accordingly.
- [F2]Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest 100% on March 2, 2020.
- [F3]Includes 16,108 shares held directly, 51,400 RSAs subject to performance vesting and 76,132 RSUs.