Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALSN | Restricted Stock Units | Award | $0 | +3.75K | $0.00 | 3.75K | May 5, 2022 | Common Stock | 3.75K | Direct | F1, F2, F3, F4 |
Id | Content |
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F1 | The restricted stock units ("RSUs") represent the reporting person's annual equity award under the Allison Transmission Holdings, Inc. (the "Company") Sixth Amended and Restated Non-Employee Director Compensation Policy ("Policy"). |
F2 | Each RSU represents a contingent right to receive one share of the Company's common stock. |
F3 | The RSUs vest on the date of the next annual meeting of the stockholders of the Company. Unvested RSUs earn dividend equivalents when dividends are declared on the Company's common stock. |
F4 | The number of RSUs received was calculated based on $38,70, which was the closing price of the Company's common stock on the date of grant. |