Randall R. Kirk - 06 Aug 2021 Form 4 Insider Report for Allison Transmission Holdings Inc (ALSN)

Role
SVP, Prod Eng & Planning
Signature
/s/ Jacalyn C. Bolles, attorney-in-fact
Issuer symbol
ALSN
Transactions as of
06 Aug 2021
Transactions value $
-$103,123
Form type
4
Filing time
10 Aug 2021, 17:19:13 UTC
Previous filing
02 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALSN Common Stock Options Exercise +6.12K +1.95% 321K 06 Aug 2021 Direct F1, F2, F3, F4
transaction ALSN Common Stock Tax liability -$103K -2.68K -0.84% $38.45 318K 06 Aug 2021 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALSN Restricted Stock Units Options Exercise $0 -3.05K -100% $0.00* 0 06 Aug 2021 Common Stock 3.05K Direct F1
transaction ALSN Restricted Stock Units Options Exercise $0 -2K -100% $0.00* 0 06 Aug 2021 Common Stock 2K Direct F3
transaction ALSN Restricted Stock Units Options Exercise $0 -761 -100% $0.00* 0 06 Aug 2021 Common Stock 761 Direct F4
transaction ALSN Dividend Equivalent Rights Options Exercise $0 -309 -100% $0.00* 0 06 Aug 2021 Common Stock 309 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Randall R. Kirk is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Settlement of restricted stock units ("RSUs") granted on February 20, 2019. Each RSU represents the right to receive one share of Allison Transmission Holdings, Inc. ("ALSN") common stock. Pursuant to the reporting person's severance agreement, the reporting person received prorated acceleration of his unvested RSU awards upon his retirement as Senior Vice President, Product Engineering and Planning of ALSN on August 6, 2021. The remaining RSUs were cancelled.
F2 Settlement of dividend equivalent rights ("DERs"). The DERs accrued when and as dividends were paid on ALSN common stock and vest proportionately with the RSU to which they relate. Each DER is the economic equivalent of one share of ALSN common stock.
F3 Settlement of RSUs granted on February 25, 2020. Each RSU represents the right to receive one share of ALSN common stock. Pursuant to the reporting person's severance agreement, the reporting person received prorated acceleration of his unvested RSU awards upon his retirement as Senior Vice President, Product Engineering and Planning of ALSN on August 6, 2021. The remaining RSUs were cancelled.
F4 Settlement of RSUs granted on February 10, 2021. Each RSU represents the right to receive one share of ALSN common stock. Pursuant to the reporting person's severance agreement, the reporting person received prorated acceleration of his unvested RSU awards upon his retirement as Senior Vice President, Product Engineering and Planning of the Company on August 6, 2021. The ramining RSUs were cancelled.
F5 Represents shares withheld by ALSN to satisfy tax withholding obligations on the vesting of RSUs and DERs.