SEC Form 4 · accession 0001209191-16-154481
LSC Communications, Inc. · LKSD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Lane
Officer — Chief Strategy Officer
Period of report
Dec 8, 2016
Accepted (ET)
Dec 9, 2016 · 5:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001669812
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 8, 2016 | A | 1,229 | — | A | 38,449 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the number of shares of LSC Communications, Inc. ("LSC") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of R. R. Donnelley & Sons Company ("RRD") performance share units on December 8, 2016 pursuant to the Separation and Distribution Agreement by and among RRD, LSC and Donnelley Financial Solutions, Inc., following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. 1,229 RSUs will vest in full on March 2, 2018, subject to continued employment with LSC. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 plans.
- F2Includes 1,611 shares of LSC common stock held directly, 15,230 shares of restricted stock and 21,608 RSUs.