SEC Form 4 · accession 0001411207-16-000280
Allison Transmission Holdings Inc · ALSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard P Lavin
Director
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 3:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001411207
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 31, 2016 | A | 231 | $0.00 | A | 231 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F6,F4,F5 | — | Mar 30, 2016 | A | 620 | A | — | — | Common Stock | 620 | 620 | D |
Explanation of responses
- F1The common stock award respresents the reporting person's prorated 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.
- F2The number of shares of common stock received was calculated based on $26.98, which was the closing price of the Company's common stock on the date of grant.
- F3The restricted stock units ("RSUs") represent the reporting person's prorated annual equity award under the Policy.
- F4Each RSU represents a contingent right to receive one share of the Company's common stock.
- F5The 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.
- F6The number of RSUs received was calculated based on $26.87, which was the closing price of the Company's common stock on the date of grant.