XML 72 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Share Based Compensation [Abstract]  
Summary of Stock Options Activity

The following table summarizes activity for Donnelley Financial stock options held by employees of Donnelley Financial, RRD and LSC for the period following the Separation:

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Remaining

 

 

Aggregate

 

 

Shares Under

 

 

Average

 

 

Contractual

 

 

Intrinsic

 

 

Option

 

 

Exercise

 

 

Term

 

 

Value

 

 

(thousands)

 

 

Price

 

 

(years)

 

 

(millions)

 

Outstanding at October 1, 2016

 

3

 

 

$

22.30

 

 

 

5.4

 

 

$

-

 

Vested options converted on October 1, 2016 in connection with the Separation

 

296

 

 

 

21.47

 

 

 

3.7

 

 

 

1.4

 

Outstanding at December 31, 2016

 

299

 

 

 

21.48

 

 

 

3.5

 

 

 

1.4

 

Exercisable at December 31, 2016

 

207

 

 

$

16.35

 

 

 

3.5

 

 

$

1.4

 

 

Summary of Restricted Stock Units

The following table summarizes activity for Donnelley Financial RSUs held by employees of Donnelley Financial, RRD and LSC, and members of the Board of Directors for the period following the Separation:

 

 

 

 

 

Weighted

 

 

Shares

 

 

Average Grant

 

 

(Thousands)

 

 

Date Fair Value (1)

 

Nonvested at October 1, 2016

 

11

 

 

$

26.66

 

Awarded

 

77

 

 

 

24.75

 

Vested

 

(20

)

 

 

25.74

 

Nonvested RSUs converted on October 1, 2016 in connection with the Separation

 

368

 

 

 

27.22

 

Nonvested at December 31, 2016

 

436

 

 

$

25.28

 

 

(1)

The weighted average grant date fair value has been adjusted for the impact of the Separation.