Craig Clay - Mar 4, 2024 Form 4 Insider Report for Donnelley Financial Solutions, Inc. (DFIN)

Role
President, GCM
Signature
William Zola, pursuant to power of attorney
Stock symbol
DFIN
Transactions as of
Mar 4, 2024
Transactions value $
-$101,047
Form type
4
Date filed
3/6/2024, 06:22 PM
Previous filing
Mar 5, 2024
Next filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFIN Common Stock Award $1.23M +18.8K +14.81% $65.53 146K Mar 4, 2024 Direct F1
transaction DFIN Common Stock Tax liability -$1.33M -20.4K -13.95% $65.53 126K Mar 4, 2024 Direct F2
transaction DFIN Common Stock Award +16.4K +13.06% 142K Mar 4, 2024 Direct F3
transaction DFIN Common Stock Award +12.5K +8.77% 154K Mar 4, 2024 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents earned portions of Company granted PSUs issued in 2021 pursuant to a Rule 16b-3 plan for which performance has been determined. On March 4, 2024, the Compensation Committee determined the achievement of the performance goals for 2023 and 2021-2023, resulting in 7,061 and 11,764 earned stock units, respectively. The Compensation Committee had previously determined the achievement of the performance goals for 2021 and 2022, resulting in 14,650 and 6,373 earned stock units. The total earned stock units of 39,848 were delivered on March 4, 2024.
F2 Shares were withheld as payment of a tax liability incident to vesting of performance stock units issued in accordance with Rule 16b-3.
F3 Represents earned portions of Company granted PSUs issued in 2022 and 2023 pursuant to a Rule 16b-3 plan for which performance has been determined. 25% of each of the 2022 and 2023 PSUs are subject to performance goals for 2023. On March 4, 2024, the Compensation Committee determined the achievement of the performance goals for 2023, resulting in 5,284 and 11,120 earned stock units, for the 2022 and 2023 PSUs respectively, all of which remain subject to service-based vesting until cumulative performance of the PSU goals is determined after the close of the 2024 and 2025 performance year, as applicable.
F4 Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 4, 2025.
F5 Includes 99,982 shares held directly, 27,730 restricted stock units, and 26,734 earned performance share units with additional service-based vesting.