SEC Form 4 · accession 0001411207-17-000088
Allison Transmission Holdings Inc · ALSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley A Askren
Director
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 8:53 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 | A | 490 | $0.00 | A | 3,336 | D | |
| Common StockF3,F4 | May 11, 2017 | M | 3,697 | $0.00 | A | 7,033 | 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 UnitsF5,F6 | — | May 11, 2017 | M | 3,628 | D | — | — | Common Stock | 3,628 | 0 | D |
| Dividend Equivalent RightsF7,F8 | — | May 11, 2017 | M | 69 | D | — | — | Common Stock | 69 | 0 | D |
| Restricted Stock UnitsF9,F11,F5,F10 | — | May 12, 2017 | A | 3,185 | A | — | — | Common Stock | 3,185 | 3,185 | D |
Explanation of responses
- F1These 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.
- F10The 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.
- F11The 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.
- F2The 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.
- F3Settlement of restricted stock units ("RSUs") and related dividend equivalents.
- F4Includes 69 dividend equivalents.
- F5Each RSU represents a contingent right to receive one share of the Company's common stock.
- F6On May 13, 2016, the reporting person was granted 3,628 RSUs that vested on May 11, 2017.
- F7Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- F8The dividend equivalent rights accrued on previously awarded RSUs and vested on May 11, 2017.
- F9The RSUs respresent the reporting person's annual equity award under the Policy.