4//SEC Filing
LSC Communications, Inc. 4
Accession 0000899243-16-032556
CIK 0001669812operating
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 7:27 PM ET
Size
6.2 KB
Accession
0000899243-16-032556
Insider Transaction Report
Form 4
Palmer Richard Keith
Director
Transactions
- Other
Common Stock
2016-10-01+26,960→ 26,960 total
Footnotes (2)
- [F1]This is a voluntary filing. The Reporting Person became a Director of LSC Communications, Inc. ("LSC") prior to the spinoff of LSC from R. R. Donnelley & Sons Company ("RRD"). The Reporting Person beneficially owned equity securities of RRD that, pursuant to the terms of the spinoff, were converted automatically into equity securities of LSC. The spinoff transaction occurred on October 1, 2016 in a transaction that is not reportable on Form 4 or Form 5. In lieu of reflecting receipt of equity securities in the spinoff on the Reporting Person's next Section 16 filing, the Reporting Person is voluntarily disclosing his ownership of equity securities of LSC. Such filing does in no way represent an admission or acknowledgement that the spinoff transaction is subject to either the reporting or liability provisions of Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]This amount includes 2,986 shares of common stock of LSC and 23,974 restricted stock units, which are reflected as beneficially owned and reported as shares of LSC common stock. The number of restricted stock units was determined 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. ("DFS"), and gives effect to the distribution by RRD of 80.75% of the common stock of each LSC and DFS, which occurred on October 1, 2016.
Documents
Issuer
LSC Communications, Inc.
CIK 0001669812
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001669812
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 7:27 PM ET
- Size
- 6.2 KB