Allison Transmission Holdings Inc 4
4 · Allison Transmission Holdings Inc · Filed Mar 24, 2015
Insider Transaction Report
Form 4
Ledford Gregory S
Director
Transactions
- Award
Deferred Stock Units
2015-03-20+4,364→ 4,364 total→ Common Stock (4,364 underlying)
Footnotes (2)
- [F1]The deferred stock units ("DSUs") represent the portion of the reporting person's annual retainer and annual equity award, prorated for partial service.
- [F2]Each DSU is the economic equivalent of one share of the Allison Transmission Holdings, Inc.'s (the "Company") common stock. The portion of the DSUs representing the annual retainer, or 2,494 DSUs, vest immediately and the portion of the DSUs representing the annual equity award, or 1,870 DSUs, vest on the date of the next annual meeting of the stockholders of the Company. The DSUs become payable, in common stock, or at the Company's election, cash, at the earlier of the reporting person's separation from service or a change in control. DSUs earn dividend equivalents when dividends are declared on the Company's common stock.