Kami Turner - 04 Mar 2024 Form 4 Insider Report for Donnelley Financial Solutions, Inc. (DFIN)

Signature
William Zola, pursuant to power of attorney
Issuer symbol
DFIN
Transactions as of
04 Mar 2024
Net transactions value
+$24,574
Form type
4
Filing time
06 Mar 2024, 18:23:06 UTC
Previous filing
05 Mar 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFIN Common Stock Award $395,736 +6,039 +15% $65.53 45,543 04 Mar 2024 Direct F1
transaction DFIN Common Stock Tax liability $371,162 -5,664 -12% $65.53 39,879 04 Mar 2024 Direct F2
transaction DFIN Common Stock Award +2,863 +7.2% 42,742 04 Mar 2024 Direct F3
transaction DFIN Common Stock Award +1,817 +4.3% 44,559 04 Mar 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 2,265 and 3,774 earned stock units, respectively. The Compensation Committee had previously determined the achievement of the performance goals for 2021 and 2022, resulting in 4,700 and 2,045 earned stock units. The total earned stock units of 12,784 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 1,142 and 1,721 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 34,968 shares held directly, 4,494 restricted stock units, and 5,097 earned performance share units with additional service-based vesting.