SEC Form 4 · accession 0000040729-17-000009
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 30, 2016
Accepted (ET)
Jan 4, 2017 · 12:15 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 30, 2016 | M | 1,311 | $0.00 | A | 153,632 | D | |
| Common StockF2 | Dec 30, 2016 | D | 1,311 | $19.74 | D | 152,321 | D | |
| Common StockF3 | Dec 30, 2016 | M | 1,493 | $0.00 | A | 153,814 | D | |
| Common StockF4 | Dec 30, 2016 | D | 1,493 | $19.91 | D | 152,321 | 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 30, 2016 | M | 1,311 | D | — | — | Common Stock | 1,311 | 7,194 | D |
| Incentive Restricted Stock Units (IRSU)F6 | — | Dec 30, 2016 | M | 1,493 | D | — | — | Common Stock | 1,493 | 0 | D |
Explanation of responses
- F1The common stock reported includes shares 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 21, 2016.
- 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 16, 2016.
- F5Each 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. DSUs do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares.
- F6Each Incentive Restricted Stock Unit (IRSU) represents a contingent 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 on the settlement date. IRSU's do not have an expiration or exercise date or carry a conversion price. May reflect rounding of fractional shares.