Allison Transmission Holdings Inc 4
4 · Allison Transmission Holdings Inc · Filed May 15, 2017
Insider Transaction Report
Form 4
RABORN FRANCIS
Director
Transactions
- Gift
Common Stock
2017-03-29−497→ 0 total - Exercise/Conversion
Common Stock
2017-05-11+3,697→ 3,697 total - Award
Common Stock
2017-05-11+490→ 4,187 total - Exercise/Conversion
Restricted Stock Units
2017-05-11−3,628→ 0 total→ Common Stock (3,628 underlying) - Gift
Common Stock
2017-03-29+497→ 38,438 total(indirect: By Trust) - Exercise/Conversion
Dividend Equivalent Rights
2017-05-11−69→ 0 total→ Common Stock (69 underlying) - Award
Restricted Stock Units
2017-05-12+3,185→ 3,185 total→ Common Stock (3,185 underlying)
Footnotes (12)
- [F1]Represents transfer of shares to the Francis Raborn Revocable Trust.
- [F10]The RSUs represent the reporting person's annual equity award under the Policy.
- [F11]The RSUs vest on the date of the next annual meeting of the stockholders of the Company. Unvested RSUs earn dividend equivalents when dividends are declared on the Company's common stock.
- [F12]The number of RSUs received was calculated based on $37.67, which was the closing price of the Company's common stock on the date of grant.
- [F2]Settlement of restricted stock units ("RSUs") and related dividend equivalents.
- [F3]Includes 69 dividend equivalents
- [F4]These shares respresent a quarterly payment of the reporting person's annual retainer under the Allison Transmission Holdings, Inc. (the "Company") Second Amended and Restated Non-Employee Director Compensation Policy ("Policy"). The annual retainer is paid quarterly in arrears in cash or common stock at the reporting person's discretion.
- [F5]The number of shares of common stock 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 RSU represents a contingent right to receive one share of the Company's common stock
- [F7]On May 13, 2016, the reporting person was granted 3,628 RSUs that vested on May 11, 2017.
- [F8]Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- [F9]The dividend equivalent rights accrued on previously awarded RSUs and vested on May 11, 2017.