Sec Form 4 Filing - Leib Daniel @ Donnelley Financial Solutions, Inc. - 2016-10-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Leib Daniel
2. Issuer Name and Ticker or Trading Symbol
Donnelley Financial Solutions, Inc. [ DFIN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O DONNELLEY FINANCIAL SOLUTIONS, INC., 35 WEST WACKER DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
10/01/2016
(Street)
CHICAGO, IL60601
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2016 A 0 ( 1 ) A $ 0 14,635 ( 2 ) ( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Leib Daniel
C/O DONNELLEY FINANCIAL SOLUTIONS, INC.
35 WEST WACKER DRIVE
CHICAGO, IL60601
X Chief Executive Officer
Signatures
/s/ Jennifer B. Reiners, Jennifer B. Reiners, Attorney-in-Fact for Daniel N. Leib 10/04/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Daniel N. Leib has been awarded restricted stock with a value of $2,000,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of restricted stock awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant. The Reporting Person will amend this Form 4 when such information is available.
( 2 )Reflects ownership of DFS common stock obtained in connection with the spinoff of DFS by R. R. Donnelley & Sons Company ("RRD") and the distribution of one (1) share of DFS 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 DFS 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 DFS common stock to give effect to the Spinoff.
( 3 )(Continued from Footnote 2) The number of restricted stock units over the DFS 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 Communications, Inc. and DFS. The Reporting Person will amend this Form 4 when such information is available.

Remarks:
Exhibit Index Exhibit 24 - Power of Attorney

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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