Donnelley Financial Solutions, Inc. 4
4 · Donnelley Financial Solutions, Inc. · Filed Mar 6, 2017
Insider Transaction Report
Form 4
Juhase Thomas F
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2017-03-02$22.35/sh−630$14,081→ 52,941 total - Award
Common Stock
2017-03-02+13,400→ 86,441 total - Award
Common Stock
2017-03-02+20,100→ 73,041 total - Award
Employee Stock Option (Right to Buy)
2017-03-02+19,300→ 19,300 totalExercise: $22.35Exp: 2027-03-01→ Common Stock (19,300 underlying)
Footnotes (6)
- [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]Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a three year free cash flow performance target with respect to 70% of the award and a three year net sales performance target with respect to 30% of the award, and if such performance targets are met, the RSAs will vest in full upon certification of performance. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 150% if performance meets specified levels. The amount reported above reflects 150% and will be cut back based upon performance levels accordingly.
- [F3]Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 2, 2018.
- [F4]Includes 6,314 shares held directly, 43,514 shares of RSAs subject to performance vesting and 36,613 RSUs.
- [F5]The option vests in four equal annual installments beginning on March 2, 2018.
- [F6]Company granted option issued pursuant to Rule 16b-3 Plan.