Craig Clay - Mar 3, 2022 Form 4 Insider Report for Donnelley Financial Solutions, Inc. (DFIN)

Role
President, GCM
Signature
Jennifer Reiners, pursuant to power of attorney
Stock symbol
DFIN
Transactions as of
Mar 3, 2022
Transactions value $
$352,904
Form type
4
Date filed
3/7/2022, 04:41 PM
Previous filing
Mar 4, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFIN Common Stock Tax liability -$76.6K -2.47K -4.28% $31.04 55.2K Mar 3, 2022 Direct F1
transaction DFIN Common Stock Award $835K +26.9K +48.76% $31.04 82.1K Mar 3, 2022 Direct F2
transaction DFIN Common Stock Tax liability -$426K -13.7K -16.73% $31.04 68.3K Mar 3, 2022 Direct F3
transaction DFIN Common Stock Award $217K +7K +10.24% $31.04 75.3K Mar 3, 2022 Direct F4
transaction DFIN Common Stock Tax liability -$111K -3.57K -4.74% $31.04 71.8K Mar 3, 2022 Direct F3
transaction DFIN Common Stock Award +38.2K +53.25% 110K Mar 3, 2022 Direct F5
transaction DFIN Common Stock Award +14.6K +13.27% 125K Mar 3, 2022 Direct F6
transaction DFIN Common Stock Tax liability -$85.8K -2.85K -2.29% $30.10 122K Mar 5, 2022 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.
F2 Common stock issued in payout of performance stock units awarded on March 5, 2019.
F3 Shares were withheld as payment of a tax liability incident to vesting of performance stock units issued in accordance with Rule 16b-3.
F4 Common stock issued in payout of performance stock units awarded on March 3, 2021.
F5 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 23,569 and 14,650 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.
F6 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.
F7 Includes 49,953 shares held directly, 33,567 restricted stock units, and 38,219 earned performance share units with additional service-based vesting.