SEC Form 4 · accession 0001411207-17-000087
Allison Transmission Holdings Inc · ALSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Raborn
Director
Period of report
Mar 29, 2017
Accepted (ET)
May 15, 2017 · 8:52 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 Stock | Mar 29, 2017 | G | 497 | $0.00 | D | 0 | D | |
| Common Stock | Mar 29, 2017 | G | 497 | $0.00 | A | 38,438 | I | By Francis Raborn Revocable Trust |
| Common StockF2,F3 | May 11, 2017 | M | 3,697 | $0.00 | A | 3,697 | D | |
| Common StockF4,F5 | May 11, 2017 | A | 490 | $0.00 | A | 4,187 | 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 UnitsF6,F7 | — | May 11, 2017 | M | 3,628 | D | — | — | Common Stock | 3,628 | 0 | D |
| Dividend Equivalent RightsF8,F9 | — | May 11, 2017 | M | 69 | D | — | — | Common Stock | 69 | 0 | D |
| Restricted Stock UnitsF10,F12,F6,F11 | — | May 12, 2017 | A | 3,185 | A | — | — | Common Stock | 3,185 | 3,185 | D |
Explanation of responses
- F1Represents transfer of shares to the Francis Raborn Revocable Trust.
- F10The RSUs represent the reporting person's annual equity award under the Policy.
- F11The 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.
- F12The 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.
- F2Settlement of restricted stock units ("RSUs") and related dividend equivalents.
- F3Includes 69 dividend equivalents
- F4These 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.
- F5The 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.
- F6Each RSU represents a contingent right to receive one share of the Company's common stock
- F7On May 13, 2016, the reporting person was granted 3,628 RSUs that vested on May 11, 2017.
- F8Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- F9The dividend equivalent rights accrued on previously awarded RSUs and vested on May 11, 2017.