Daniel Leib - 03 Mar 2022 Form 4 Insider Report for Donnelley Financial Solutions, Inc. (DFIN)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: DFIN
Reported as of: 03 Mar 2022
Net transaction value: +$1,677,733
SEC form: 4
Accepted by SEC: 07 Mar 2022, 16:37:53 UTC
Prior SEC filing: 04 Mar 2022
Next SEC filing: 16 Mar 2022
Source filing: View source filing
Reporting owner signature: Jennifer Reiners, pursuant to power of attorney

Key filing fact

Daniel Leib filed Form 4 for Donnelley Financial Solutions, Inc. (DFIN) on 07 Mar 2022.

Key facts

This page summarizes Daniel Leib's Form 4 filing for Donnelley Financial Solutions, Inc. (DFIN).
6 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 07 Mar 2022, 16:37.

Change

Previous filing in this sequence was filed on 04 Mar 2022.
Current net transaction value: +$1,677,733.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DFIN transaction

Common Stock

Tax liability

Transaction value: $261,729
Shares: -8,432
Change %: -2.1%
Price: $31.04
Shares after: 400,370
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F1

DFIN transaction

Common Stock

Award

Transaction value: $4,159,484
Shares: +134,004
Change %: +33%
Price: $31.04
Shares after: 534,374
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F2

DFIN transaction

Common Stock

Tax liability

Transaction value: $1,842,659
Shares: -59,364
Change %: -11%
Price: $31.04
Shares after: 475,010
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F3

DFIN transaction

Common Stock

Award

Transaction value
Shares: +159,961
Change %: +34%
Price
Shares after: 634,971
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F4

DFIN transaction

Common Stock

Award

Transaction value
Shares: +43,600
Change %: +6.9%
Price
Shares after: 678,571
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F5

DFIN transaction

Common Stock

Tax liability

Transaction value: $377,364
Shares: -12,537
Change %: -1.8%
Price: $30.10
Shares after: 666,034
Date: 05 Mar 2022
Ownership: Direct
Footnotes: F1, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.

Footnote F2

Common stock issued in payout of performance stock units awarded on March 5, 2019.

Footnote F3

Shares were withheld as payment of a tax liability incident to vesting of performance stock units issued in accordance with Rule 16b-3.

Footnote F4

Represents earned portions of Company granted PSUs issued in 2020 and 2021 pursuant to a Rule 16b-3 plan for which performance has been determined. 25% of the 2020 PSUs were subject to performance goals for 2020 and 25% of each of the 2020 and 2021 PSUs are subject to performance goals for 2021. On March 3, 2022, the Compensation Committee determined the achievement of the performance goals for 2020 and 2021, resulting in 101,961 and 58,000 earned stock units, for the 2020 and 2021 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 2022 and 2023 performance year, as applicable.

Footnote F5

Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 3, 2023.

Footnote F6

Includes 384,172 shares held directly, 121,901 restricted stock unit, and 159,961 earned performance share units with additional service-based vesting.