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4//SEC Filing

LSC Communications, Inc. 4

Accession 0000899243-16-030913

CIK 0001669812operating

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 5:46 PM ET

Size

6.2 KB

Accession

0000899243-16-030913

Insider Transaction Report

Form 4
Period: 2016-10-01
Transactions
  • Award

    Common Stock

    2016-10-01+015,937 total
Footnotes (3)
  • [F1]Suzanne S. Bettman has been awarded restricted stock with a value of $949,941 by LSC Communications, Inc. ("LSC"). The number of restricted shares awarded will be based on a twenty trading day value weighted average price of LSC common stock following the date of grant.
  • [F2]Reflects ownership of LSC common stock obtained in connection with the spinoff of LSC by R. R. Donnelley & Sons Company ("RRD") and the distribution of one (1) share of LSC common stock for every eight (8) shares of RRD common stock held prior to the spinoff, which was effective on October 1, 2016 (the "Spinoff"). Does not include restricted stock units, which are reflected as beneficially-owned and reported as shares of common stock. The number of restricted stock units over LSC common stock has not yet been determined, as restricted stock units and performance share units over RRD common stock outstanding prior to October 1, 2016 will be converted into restricted stock units over the LSC common stock to give effect to the Spinoff.
  • [F3](Continued from footnote 2) The number of restricted stock units over the LSC common stock will be determined after the date hereof pursuant to an equitable adjustment in the Separation and Distribution Agreement, dated as of September 14, 2016, by and among RRD, LSC and Donnelley Financial Solutions, Inc. The Reporting Person will amend this Form 4 when such information is available.

Issuer

LSC Communications, Inc.

CIK 0001669812

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001669812

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 5:46 PM ET
Size
6.2 KB