SEC Form 4 · accession 0001411207-17-000081
Allison Transmission Holdings Inc · ALSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Denison
Director
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 8:48 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 | May 11, 2017 | M | 27,722 | $0.00 | A | 27,722 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F5,F4 | — | May 11, 2017 | A | 588 | A | — | — | Common Stock | 588 | 26,498 | D |
| Deferred Stock UnitsF4 | — | May 11, 2017 | M | 26,498 | D | — | — | Common Stock | 26,498 | 0 | D |
| Dividend Equivalent UnitsF6,F7 | — | May 11, 2017 | M | 1,224 | D | — | — | Common Stock | 1,224 | 0 | D |
Explanation of responses
- F1Represents 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.
- F2Includes 26,498 DSUs and 1,224 related dividend equivalents.
- F3These 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.
- F4Each 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.
- F5The 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.
- F6Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- F7The dividend equivalent rights accrued on previously awarded DSUs and were payable on May 11, 2017, the date the reporting person's separation from service.