SEC Form 4 · accession 0001411207-18-000094
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
May 10, 2018
Accepted (ET)
May 14, 2018 · 4:10 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 10, 2018 | A | 223 | $0.00 | A | 6,593 | D | |
| Common StockF3,F4 | May 10, 2018 | M | 3,233 | $0.00 | A | 9,826 | 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 10, 2018 | M | 3,185 | D | — | — | Common Stock | 3,185 | 0 | D |
| Dividend Equivalent RightsF7,F8 | — | May 10, 2018 | M | 48 | D | — | — | Common Stock | 48 | 0 | D |
| Deferred Stock UnitsF9,F11,F5,F10 | — | May 10, 2018 | A | 2,859 | A | — | — | Common Stock | 2,859 | 2,859 | D |
Explanation of responses
- F1These shares respresent a quarterly payment of the portion of the reporting person's annual retainer paid in common stock 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.
- F10TheDSUs vest on the date of the next annual meeting of the stockholders of the Company.
- F11The number of DSUs received was calculated based on $41.96, which was the closing price of the Company's common stock on the date of the grant.
- F2The number of shares of common stock received was calculated based on $41.96, 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 48 dividend equivalents.
- F5Each RSU represents a contingent right to receive one share of the Company's common stock
- F6On May 12, 2017, the reporting person was granted 3,185 RSUs that vested on May 10, 2018.
- F7Each dividend equivalent rights 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 10, 2018.
- F9The deferred stock units ("DSUs") represent the portion of the reporting person's annual equity award under the Policy deferred pursuant to the Company's Amended and Restated Non-Employee Director Deferred Compensation Plan.