Daniel Leib - 06 Nov 2024 Form 4 Insider Report for Donnelley Financial Solutions, Inc. (DFIN)

Role
Chief Executive Officer, Director
Signature
William Zola, pursuant to power of attorney
Issuer symbol
DFIN
Transactions as of
06 Nov 2024
Net transactions value
-$2,705,283
Form type
4
Filing time
08 Nov 2024, 16:56:55 UTC
Previous filing
20 Sep 2024
Next filing
26 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFIN Common Stock Options Exercise $1,059,000 +60,000 +12% $17.65 575,191 06 Nov 2024 Direct F1
transaction DFIN Common Stock Sale $1,491,825 -25,686 -4.5% $58.08 549,505 06 Nov 2024 Direct F1, F2
transaction DFIN Common Stock Sale $774,037 -13,081 -2.4% $59.17 536,424 06 Nov 2024 Direct F1, F3
transaction DFIN Common Stock Sale $1,210,759 -20,109 -3.7% $60.21 516,315 06 Nov 2024 Direct F1, F4
transaction DFIN Common Stock Sale $60,105 -984 -0.19% $61.08 515,331 06 Nov 2024 Direct F1, F5
transaction DFIN Common Stock Sale $8,688 -140 -0.03% $62.06 515,191 06 Nov 2024 Direct F1, F6
transaction DFIN Common Stock Options Exercise $88,250 +5,000 +0.97% $17.65 520,191 07 Nov 2024 Direct F1
transaction DFIN Common Stock Sale $44,603 -734 -0.14% $60.77 519,457 07 Nov 2024 Direct F1, F7
transaction DFIN Common Stock Sale $262,516 -4,266 -0.82% $61.54 515,191 07 Nov 2024 Direct F1, F8, F9

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 DFIN Employee Stock Option (right to buy) Options Exercise $0 -60,000 -65% $0.000000 32,900 06 Nov 2024 Common Stock 60,000 $17.65 Direct F1, F10
transaction DFIN Employee Stock Option (right to buy) Options Exercise $0 -5,000 -15% $0.000000 27,900 07 Nov 2024 Common Stock 5,000 $17.65 Direct F1, F10
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 25, 2024.
F2 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $57.62 to $58.61 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F3 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $58.62 to $59.61 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F4 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $59.62 to $60.57 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F5 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $60.75 to $61.39 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F6 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $61.92 to $62.40 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F7 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $60.16 to $61.15 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F8 The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $61.16 to $62.09 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price.
F9 Includes 371,527 shares held directly, 70,451 restricted stock unit, and 73,213 earned performance share units with additional service-based vesting.
F10 The option vests/ vested in four equal annual installments beginning on March 2, 2019.