Harker William R 4
4 · Allison Transmission Holdings Inc · Filed Nov 14, 2018
Insider Transaction Report
Form 4
Harker William R
Director
Transactions
- Award
Deferred Stock Units
2018-11-12+500→ 9,134 total→ Common Stock (500 underlying)
Footnotes (3)
- [F1]The deferred stock units ("DSUs") represent a quarterly payment of the portion of the reporting person's annual retainer and other fees under the Allison Transmission Holdings, Inc. (the "Company") Third Amended and Restated Non-Employee Director Compensation Policy ("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 $46.16, which was the closing price of the Company's common stock on the date of grant.