Allison Transmission (ALSN) director receives 1,503 deferred stock units grant
Rhea-AI Filing Summary
Altmaier Judy L reported acquisition or exercise transactions in this Form 4 filing.
Allison Transmission Holdings Inc director Judy L. Altmaier received a grant of 1,503 Deferred Stock Units (DSUs) as part of her annual equity compensation. Each DSU is economically equivalent to one share of common stock and was calculated using a share price of $123.02 on the grant date.
The DSUs vest on the date of the next annual stockholder meeting and become payable in common stock or, at the company’s election, cash upon Altmaier’s separation from service or a change in control. Following this award, she holds 22,519 DSUs directly. The DSUs also earn dividend equivalents when dividends are declared on the company’s common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,503 | $0.00 | $0.00 |
Footnotes (4)
- F1. The deferred stock units ("DSUs") represent the portion of the reporting person's annual equity award under the Allison Transmission Holdings, Inc. (the "Company") Ninth Amended and Restated Non-Employee Director Compensation Policy deferred pursuant to the Company's Amended and Restated Non-Employee Director Deferred Compensation Plan.
- F2. Each DSU is the economic equivalent of one share of the Company's common stock. The DSUs become payable, in common stock, or at the Company's election cash, at the earlier of the reporting person's separation from service or a change in control. DSUs earn dividend equivalents when dividends are declared on the Company's common stock.
- F3. The DSUs vest on the date of the next annual meeting of the stockholders of the Company.
- F4. The number of DSUs received was calculated based on $123.02, which was the closing price of the Company's common stock on the date of grant.
Key Figures
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Deferred Stock Units financial
dividend equivalents financial
change in control financial
Non-Employee Director Deferred Compensation Plan financial
Non-Employee Director Compensation Policy financial
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