Allison Transmission Holdings Inc 4
4 · Allison Transmission Holdings Inc · Filed May 15, 2017
Insider Transaction Report
Form 4
Denison David
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-11+27,722→ 27,722 total - Award
Deferred Stock Units
2017-05-11+588→ 26,498 total→ Common Stock (588 underlying) - Exercise/Conversion
Deferred Stock Units
2017-05-11−26,498→ 0 total→ Common Stock (26,498 underlying) - Exercise/Conversion
Dividend Equivalent Units
2017-05-11−1,224→ 0 total→ Common Stock (1,224 underlying)
Footnotes (7)
- [F1]Represents the deferred stock units ("DSUs") payable upon the reporting person's separation from service. The reporting person did not stand for reelection at Allison Transmission Holdings, Inc.'s (the "Company") 2017 annual meeting of stockholders.
- [F2]Includes 26,498 DSUs and 1,224 related dividend equivalents.
- [F3]These DSUs represent a quarterly payment of the portion of the reporting person's annual retainer and other fees under the Company's 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.
- [F4]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.
- [F5]The number of DSUs received was calculated based on $38.23, which was the closing price of the Company's common stock on the date of grant.
- [F6]Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- [F7]The dividend equivalent rights accrued on previously awarded DSUs and were payable on May 11, 2017, the date the reporting person's separation from service.