Allison Transmission Holdings Inc 4
4 · Allison Transmission Holdings Inc · Filed Jan 5, 2016
Insider Transaction Report
Form 4
Denison David
Director
Transactions
- Award
Deferred Stock Units
2015-12-31+868→ 19,332 total→ Common Stock (868 underlying)
Footnotes (3)
- [F1]The deferred stock units ("DSUs") represent the portion of the reporting person's annual retainer and other fees under the Allison Transmission Holdings, Inc. (the "Company") Second Amended and Restated Non-Employee Director Compensation Policy deferred pursuant to the Company's Amended and Restated Non-Employee Director Deferred Compensation Plan. The annual retainer and other fees are payable quarterly in arrears.
- [F2]Each DSU is the economic equivalent of one share of the Company's common stock. 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.
- [F3]The number of DSUs received was calculated based on $25.89, which was the closing price of the Company's common stock on the date of grant.