SEC Form 4 · accession 0000040729-15-000025
Ally Financial Inc. · ALLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Carpenter
Officer — Chief Executive Officer · Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 3:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000040729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2015 | M | 15,193 | $0.00 | A | 15,193 | D | |
| Common StockF2 | Jan 2, 2015 | F | 814 | $23.87 | D | 14,379 | D | |
| Common StockF2 | Jan 2, 2015 | D | 14,379 | $23.87 | D | 0 | D | |
| Common StockF3 | Jan 2, 2015 | M | 33,331 | $0.00 | A | 33,331 | D | |
| Common StockF2 | Jan 2, 2015 | D | 33,331 | $23.87 | D | 0 | 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 Units (DSU)F4 | — | Jan 2, 2015 | A | 15,307 | A | — | — | Common Stock | 15,307 | 744,453 | D |
| Deferred Stock Units (DSU)F4 | — | Jan 2, 2015 | M | 15,193 | D | — | — | Common Stock | 15,193 | 729,260 | D |
| Incentive Restricted Stock Units (IRSU)F5 | — | Jan 2, 2015 | M | 33,331 | D | — | — | Common Stock | 33,331 | 16,361 | D |
Explanation of responses
- F1The common stock reported includes (i) shares issued upon the settlement of a portion of DSUs awarded in prior periods, plus (ii) shares issued as a result of the immediate settlement of the portion of DSUs granted, to pay applicable taxes.
- F2Represents the per share fair market value of the Company's common stock as of December 24, 2014.
- F3The common stock reported includes shares issued upon the settlement of a portion of IRSUs awarded in prior periods.
- F4Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock in cash equal to the fair market value of a share of the Company's common stock. A portion of all DSUs granted are immediately settled to pay applicable taxes. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares.
- F5Each Incentive Restricted Stock Unit (IRSU) represents a contingent right to receive the value of one share of the Company's common stock in cash on the applicable settlement dates. IRSUs do not have an expiration or exercise date or carry a conversion price. Reflects a fractional share rounded up to the nearest full share.