John C. Pope - May 14, 2021 Form 4 Insider Report for RR Donnelley & Sons Co (RRD)

Role
Director
Signature
Deborah L. Steiner, as Attorney-in-Fact
Stock symbol
RRD
Transactions as of
May 14, 2021
Transactions value $
-$189,245
Form type
4
Date filed
5/24/2021, 03:52 PM
Previous filing
May 10, 2021
Next filing
Jul 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRD Common Stock Options Exercise +91.3K +26.15% 440K May 14, 2021 Direct F1
transaction RRD Common Stock Disposed to Issuer -$404K -91.3K -20.73% $4.43 349K May 14, 2021 Direct
transaction RRD Common Stock Award $215K +38.1K +10.92% $5.64 387K May 20, 2021 Direct F2

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 RRD Phantom Stock Options Exercise -91.3K -100% 0 May 14, 2021 Common Stock 91.3K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock was the economic equivalent of one share of RRD common stock. The Issuer settled the phantom stock for cash.
F2 Company granted restricted stock units ("RSUs") issued pursuant to Rule 16b-3 Plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.
F3 Represents the economic equivalent of one share of Company common stock, which may be settled in Company common stock or cash upon vesting.
F4 Phantom stock is payable in shares of common stock or cash on the earlier of the first anniversary of the grant date or the reporting person ceasing to be a member of the board of directors of the issuer.
F5 The vested phantom stock was settled for cash.