Dana Jh Pittard - 23 Feb 2024 Form 4 Insider Report for Allison Transmission Holdings Inc (ALSN)

Role
VP, Defense Programs
Signature
/s/ Preston B. Ray, attorney-in-fact
Issuer symbol
ALSN
Transactions as of
23 Feb 2024
Net transactions value
-$120,663
Form type
4
Filing time
27 Feb 2024, 16:41:11 UTC
Previous filing
26 Feb 2024
Next filing
29 Feb 2024
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 +895 +19% 5,523 23 Feb 2024 Direct F1
transaction ALSN Common Stock Options Exercise +34 +0.62% 5,557 23 Feb 2024 Direct F2
transaction ALSN Common Stock Tax liability $30,897 -414 -7.5% $74.63 5,143 23 Feb 2024 Direct F3
transaction ALSN Common Stock Options Exercise $105,882 +2,686 +52% $39.42 7,829 23 Feb 2024 Direct
transaction ALSN Common Stock Sale $195,648 -2,686 -34% $72.84 5,143 23 Feb 2024 Direct F4
holding ALSN Common Stock 13,404 23 Feb 2024 Pittard Living Trust

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 -895 -50% $0.000000 896 23 Feb 2024 Common Stock 895 Direct F1
transaction ALSN Dividend Equivalent Rights Options Exercise $0 -34 -35% $0.000000 63 23 Feb 2024 Common Stock 34 Direct F2
transaction ALSN Employee Stock Option (right to buy) Options Exercise $0 -2,686 -50% $0.000000 2,686 23 Feb 2024 Common Stock 2,686 $39.42 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Settlement of restricted stock units ("RSUs") granted on February 23, 2022. Each RSU represents a contingent right to receive one share of Allison Transmission Holdings, Inc. ("ALSN") common stock.
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.
F4 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 1, 2023.
F5 The option vests in three equal annual installments beginning on February 23, 2023.