SEC Form 4 · accession 0000040729-16-000413
Ally Financial Inc. · ALLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diane E. Morais
Officer — CEO & President, Ally Bank
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 4:17 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 | Dec 31, 2015 | M | 8,992 | $0.00 | A | 115,375 | D | |
| Common StockF2 | Dec 31, 2015 | D | 8,992 | $19.23 | D | 106,383 | D | |
| Common StockF3 | Dec 31, 2015 | M | 2,985 | $0.00 | A | 109,368 | D | |
| Common StockF4 | Dec 31, 2015 | D | 2,985 | $18.40 | D | 106,383 | 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)F5 | — | Dec 31, 2015 | M | 8,992 | D | — | — | Common Stock | 8,992 | 41,273 | D |
| Incentive Restricted Stock Units (IRSU)F6 | — | Dec 31, 2015 | M | 2,985 | D | — | — | Common Stock | 2,985 | 1,493 | D |
Explanation of responses
- F1The common stock reported includes shares deemed issued upon the settlement of a portion of DSUs awarded in prior periods.
- F2Represents the per share fair market value of the Company's common stock as of December 23 2015.
- F3The common stock reported includes shares deemed issued upon the settlement of a portion of IRSUs awarded in prior periods.
- F4Represents the per share fair market value of the Company's common stock as of December 18 2015.
- F5Each 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. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares.
- F6Each 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.