Michael Dick - Mar 11, 2022 Form 4 Insider Report for Allison Transmission Holdings Inc (ALSN)

Role
SVP, Ops and Purchasing
Signature
/s/ Jacalyn C. .Bolles, attorney-in-fact
Stock symbol
ALSN
Transactions as of
Mar 11, 2022
Transactions value $
-$42,773
Form type
4
Date filed
3/15/2022, 02:14 PM
Previous filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALSN Common Stock Options Exercise +3.63K +5.97% 64.5K Mar 11, 2022 Direct F1
transaction ALSN Common Stock Options Exercise +198 +0.31% 64.7K Mar 11, 2022 Direct F2
transaction ALSN Common Stock Tax liability -$42.8K -1.1K -1.7% $38.92 63.6K Mar 11, 2022 Direct F3

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 -3.63K -100% $0.00* 0 Mar 11, 2022 Common Stock 3.63K Direct F1
transaction ALSN Dividend Equivalent Rights Options Exercise $0 -198 -100% $0.00* 0 Mar 11, 2022 Common Stock 198 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Dick 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 25, 2019. Each RSU represents a contingent right to receive one share of Allison Transmission Holdings, Inc. ("ALSN") common stock. Pursuant to the reporting person's agreement, the reporting person received prorated acceleration of his unvested RSU awards upon his retirement as Senior Vice President, Operations, and Purchasing of ALSN on March 11, 2022. 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 Represents shares withheld by ALSN to satisfy tax withholding obligations on the vesting of RSUs and DERs.