DFIN

SEC source: 0001209191-18-017382 · doc4.xml · nonDerivative · entry 1

Leib Daniel · CIK 0001464929 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 319,906

F1 · kind: Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.

SEC source: 0000899243-17-017130 · doc4.xml · nonDerivative · entry 1

RR Donnelley & Sons Co · CIK 0000029669 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 99,594

F3 · kind: On June 21, 2017, RRD completed a debt-for-equity exchange (the "Exchange"), pursuant to which RRD exchanged 6,143,208 shares of Common Stock and the payment of accrued interest for $111,607,000 principal amount of RRD's 7.625% Notes due 2020 held by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, which reflected consideration of $21.25 per share of the Common Stock. Such notes were cancelled and discharged upon delivery to RRD. Immediately following the Exchange, RRD retained 99,594 shares of Common Stock.

F1 · shares: On February 22, 2016, Donnelley Financial Solutions, Inc., a Delaware corporation ("DFS"), issued all 100 outstanding shares of DFS common stock to R. R. Donnelley & Sons Company, a Delaware corporation ("RRD"). On September 30, 2016 and simultaneously with the effectiveness of the amended and restated certificate of incorporation of DFS (the "Amended and Restated Certificate of Incorporation") that increased the number of authorized shares of common stock from 100 to 65,000,000, DFS effected a recapitalization (the "Recapitalization") of the 100 shares of common stock issued and outstanding, which Recapitalization converted such 100 shares into 32,430,139 shares of common stock, par value $0.01, of DFS (the "Common Stock").

F2 · shares: On October 1, 2016 at 12:01 a.m., 26,187,337 shares of Common Stock, which was 80.75% of the Common Stock then outstanding, were distributed by RRD to its stockholders (the "Distribution"). Following the Distribution, RRD beneficially owned 6,242,802 shares of Common Stock, which was 19.25% of the then outstanding Common Stock.

F3 · shares: On June 21, 2017, RRD completed a debt-for-equity exchange (the "Exchange"), pursuant to which RRD exchanged 6,143,208 shares of Common Stock and the payment of accrued interest for $111,607,000 principal amount of RRD's 7.625% Notes due 2020 held by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, which reflected consideration of $21.25 per share of the Common Stock. Such notes were cancelled and discharged upon delivery to RRD. Immediately following the Exchange, RRD retained 99,594 shares of Common Stock.

F3 · price: On June 21, 2017, RRD completed a debt-for-equity exchange (the "Exchange"), pursuant to which RRD exchanged 6,143,208 shares of Common Stock and the payment of accrued interest for $111,607,000 principal amount of RRD's 7.625% Notes due 2020 held by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, which reflected consideration of $21.25 per share of the Common Stock. Such notes were cancelled and discharged upon delivery to RRD. Immediately following the Exchange, RRD retained 99,594 shares of Common Stock.

F3 · balance_after: On June 21, 2017, RRD completed a debt-for-equity exchange (the "Exchange"), pursuant to which RRD exchanged 6,143,208 shares of Common Stock and the payment of accrued interest for $111,607,000 principal amount of RRD's 7.625% Notes due 2020 held by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, which reflected consideration of $21.25 per share of the Common Stock. Such notes were cancelled and discharged upon delivery to RRD. Immediately following the Exchange, RRD retained 99,594 shares of Common Stock.

SEC source: 0001209191-17-034276 · doc4.xml · nonDerivative · entry 1

CRANDALL RICHARD L · CIK 0000924060 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,796

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 3,582 shares held directly and 53,214 restricted stock units.

SEC source: 0001209191-17-034271 · doc4.xml · nonDerivative · entry 1

Aguilar Luis A · CIK 0001671674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,917

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 7,917 restricted stock units.

SEC source: 0001209191-17-034286 · doc4.xml · nonDerivative · entry 1

SOCKWELL OLIVER R · CIK 0001187703 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,145

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 3,758 shares held directly and 49,387 restricted stock units.

SEC source: 0001209191-17-034283 · doc4.xml · nonDerivative · entry 1

GREENFIELD GARY G · CIK 0001233415 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,917

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 7,917 restricted stock units.

SEC source: 0001209191-17-034281 · doc4.xml · nonDerivative · entry 1

Drucker Charles · CIK 0001331563 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,917

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 7,917 restricted stock units.

SEC source: 0001209191-17-034273 · doc4.xml · nonDerivative · entry 1

CALDWELL NANCI · CIK 0001232403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,944

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 27 shares held directly and 7,917 restricted stock units.

SEC source: 0001209191-17-034285 · doc4.xml · nonDerivative · entry 1

MARTIN LOIS M · CIK 0001282708 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,917

F1 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs are payable in shares of common stock on the first anniversary of the grant date or when the reporting person ceases to be a director, if earlier.

F2 · balance_after: Includes 7,917 restricted stock units.

SEC source: 0001209191-17-018514 · doc4.xml · derivative · entry 4

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,300

Underlying: Common Stock · 19,300 shares

Expires 2027-03-01

F6 · price: Company granted option issued pursuant to Rule 16b-3 Plan.

F5 · derivative.exercise_date: The option vests in four equal annual installments beginning on March 2, 2018.

SEC source: 0001209191-17-018514 · doc4.xml · nonDerivative · entry 3

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,441

F3 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 2, 2018.

F4 · balance_after: Includes 6,314 shares held directly, 43,514 shares of RSAs subject to performance vesting and 36,613 RSUs.

SEC source: 0001209191-17-018514 · doc4.xml · nonDerivative · entry 2

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,041

F2 · price: Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a three year free cash flow performance target with respect to 70% of the award and a three year net sales performance target with respect to 30% of the award, and if such performance targets are met, the RSAs will vest in full upon certification of performance. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 150% if performance meets specified levels. The amount reported above reflects 150% and will be cut back based upon performance levels accordingly.

SEC source: 0001209191-17-018514 · doc4.xml · nonDerivative · entry 1

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,941

F1 · kind: Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.

SEC source: 0001209191-17-018515 · doc4.xml · derivative · entry 4

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,300

Underlying: Common Stock · 19,300 shares

Expires 2027-03-01

F6 · price: Company granted option issued pursuant to Rule 16b-3 Plan.

F5 · derivative.exercise_date: The option vests in four equal annual installments beginning on March 2, 2018.

SEC source: 0001209191-17-018515 · doc4.xml · nonDerivative · entry 3

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 78,543

F3 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 2, 2018.

F4 · balance_after: Includes 1,842 shares held directly, 43,514 shares of RSAs subject to performance vesting and 33,187 RSUs.

SEC source: 0001209191-17-018515 · doc4.xml · nonDerivative · entry 2

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,143

F2 · price: Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a three year free cash flow performance target with respect to 70% of the award and a three year net sales performance target with respect to 30% of the award, and if such performance targets are met, the RSAs will vest in full upon certification of performance. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 150% if performance meets specified levels. The amount reported above reflects 150% and will be cut back based upon performance levels accordingly.

SEC source: 0001209191-17-018515 · doc4.xml · nonDerivative · entry 1

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,043

F1 · kind: Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.

SEC source: 0001209191-17-018512 · doc4.xml · derivative · entry 3

Reiners Jennifer B · CIK 0001685328 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,300

Underlying: Common Stock · 10,300 shares

Expires 2027-03-01

F5 · price: Company granted option issued pursuant to Rule 16b-3 Plan.

F4 · derivative.exercise_date: The option vests in four equal annual installments beginning on March 2, 2018.

SEC source: 0001209191-17-018512 · doc4.xml · nonDerivative · entry 2

Reiners Jennifer B · CIK 0001685328 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,098

F2 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 2, 2018.

F3 · balance_after: Includes 735 shares held directly, 26,163 shares of RSAs subject to performance vesting and 7,200 RSUs.

SEC source: 0001209191-17-018512 · doc4.xml · nonDerivative · entry 1

Reiners Jennifer B · CIK 0001685328 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,898

F1 · price: Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a three year free cash flow performance target with respect to 70% of the award and a three year net sales performance target with respect to 30% of the award, and if such performance targets are met, the RSAs will vest in full upon certification of performance. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 150% if performance meets specified levels. The amount reported above reflects 150% and will be cut back based upon performance levels accordingly.

SEC source: 0001209191-17-018511 · doc4.xml · derivative · entry 3

Turner Kami · CIK 0001685401 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,500

Underlying: Common Stock · 4,500 shares

Expires 2027-03-01

F5 · price: Company granted option issued pursuant to Rule 16b-3 Plan.

F4 · derivative.exercise_date: The option vests in four equal annual installments beginning on March 2, 2018.

SEC source: 0001209191-17-018511 · doc4.xml · nonDerivative · entry 2

Turner Kami · CIK 0001685401 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,323

F2 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 2, 2018.

F3 · balance_after: Includes 10,223 shares of RSAs subject to performance vesting and 3,100 RSUs.

SEC source: 0001209191-17-018511 · doc4.xml · nonDerivative · entry 1

Turner Kami · CIK 0001685401 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,223

F1 · price: Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a three year free cash flow performance target with respect to 70% of the award and a three year net sales performance target with respect to 30% of the award, and if such performance targets are met, the RSAs will vest in full upon certification of performance. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 150% if performance meets specified levels. The amount reported above reflects 150% and will be cut back based upon performance levels accordingly.

SEC source: 0001209191-17-018513 · doc4.xml · derivative · entry 4

Leib Daniel · CIK 0001464929 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,800

Underlying: Common Stock · 70,800 shares

Expires 2027-03-01

F6 · price: Company granted option issued pursuant to Rule 16b-3 Plan.

F5 · derivative.exercise_date: The option vests in four equal annual installments beginning on March 2, 2018.

SEC source: 0001209191-17-018513 · doc4.xml · nonDerivative · entry 3

Leib Daniel · CIK 0001464929 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 336,441

F3 · price: Company granted restricted stock units ("RSUs") issued pursuant to a Rule 16b-3 plan. The RSUs vest three equal annual installments beginning on March 2, 2018.

F4 · balance_after: Includes 19,537 shares held directly, 162,155 shares of RSAs subject to performance vesting and 154,749 RSUs.

SEC source: 0001209191-17-018513 · doc4.xml · nonDerivative · entry 2

Leib Daniel · CIK 0001464929 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 287,241

F2 · price: Company granted restricted stock awards ("RSAs") issued pursuant to a Rule 16b-3 plan. RSAs are subject to a three year free cash flow performance target with respect to 70% of the award and a three year net sales performance target with respect to 30% of the award, and if such performance targets are met, the RSAs will vest in full upon certification of performance. Stock granted pursuant to the RSAs could range from 50% if the threshold target is met to 150% if performance meets specified levels. The amount reported above reflects 150% and will be cut back based upon performance levels accordingly.

SEC source: 0001209191-17-018513 · doc4.xml · nonDerivative · entry 1

Leib Daniel · CIK 0001464929 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 213,441

F1 · kind: Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3.

SEC source: 0001209191-16-154240 · doc4.xml · nonDerivative · entry 1

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,386

F1 · shares: Reflects the number of shares of Donnelley Financial Solutions, Inc. ("DFS") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of performance share units on December 8, 2016, pursuant to the Separation and Distribution Agreement by and among R. R. Donnelley & Sons Company ("RRD"), LSC Communications, Inc. and DFS, following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. All of the RSUs will vest in full on March 2, 2018, subject to continued employment with DFS. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 Plans.

F1 · price: Reflects the number of shares of Donnelley Financial Solutions, Inc. ("DFS") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of performance share units on December 8, 2016, pursuant to the Separation and Distribution Agreement by and among R. R. Donnelley & Sons Company ("RRD"), LSC Communications, Inc. and DFS, following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. All of the RSUs will vest in full on March 2, 2018, subject to continued employment with DFS. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 Plans.

F2 · balance_after: Amount reflects 1,025 shares of DFS common stock held directly, 23,414 shares of restricted stock and 20,974 restricted stock units which are reflected as beneficially owned and reported as shares of DFS common stock.

SEC source: 0001209191-16-154239 · doc4.xml · nonDerivative · entry 1

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,571

F1 · shares: Reflects the number of shares of Donnelley Financial Solutions, Inc. ("DFS") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of performance share units on December 8, 2016, pursuant to the Separation and Distribution Agreement by and among R. R. Donnelley & Sons Company ("RRD"), LSC Communications, Inc. and DFS, following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. All RSUs will vest in full on March 2, 2018, subject to continued employment with DFS. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 Plans.

F1 · price: Reflects the number of shares of Donnelley Financial Solutions, Inc. ("DFS") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of performance share units on December 8, 2016, pursuant to the Separation and Distribution Agreement by and among R. R. Donnelley & Sons Company ("RRD"), LSC Communications, Inc. and DFS, following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. All RSUs will vest in full on March 2, 2018, subject to continued employment with DFS. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 Plans.

F2 · balance_after: Includes 5,127 shares held directly, 23,414 shares of restricted stock and 25,030 restricted stock units.

SEC source: 0001209191-16-154238 · doc4.xml · nonDerivative · entry 1

Leib Daniel · CIK 0001464929 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 217,570

F1 · shares: Reflects the number of shares of Donnelley Financial Solutions, Inc. ("DFS") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of performance share units on December 8, 2016, pursuant to the Separation and Distribution Agreement by and among R. R. Donnelley & Sons Company ("RRD"), LSC Communications, Inc. and DFS, following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. 4,500 RSUs will vest in full on March 2, 2017 and 13,623 RSUs will vest in full on March 2, 2018, subject to continued employment with DFS. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 Plans.

F1 · price: Reflects the number of shares of Donnelley Financial Solutions, Inc. ("DFS") common stock underlying time-based restricted stock units ("RSUs") resulting from an equitable adjustment of performance share units on December 8, 2016, pursuant to the Separation and Distribution Agreement by and among R. R. Donnelley & Sons Company ("RRD"), LSC Communications, Inc. and DFS, following the measurement and certification of RRD performance through September 30, 2016 by the RRD Human Resources Committee. 4,500 RSUs will vest in full on March 2, 2017 and 13,623 RSUs will vest in full on March 2, 2018, subject to continued employment with DFS. The performance share units and resulting RSUs are company granted units issued pursuant to Rule 16b-3 Plans.

F2 · balance_after: Includes 14,635 shares held directly, 88,355 shares of restricted stock and 114,580 restricted stock units.

SEC source: 0000899243-16-030884 · doc4.xml · nonDerivative · entry 1

RR Donnelley & Sons Co · CIK 0000029669 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,242,802

F1 · kind: On February 22, 2016, Donnelley Financial Solutions, Inc. ("DFS"), a Delaware corporation, issued all 100 outstanding shares of DFS common stock to R. R. Donnelley & Sons Company ("RRD"), a Delaware corporation. On September 30, 2016 and simultaneously with the effectiveness of the amended and restated certificate of incorporation of DFS (the "Amended and Restated Certificate of Incorporation") that increased the number of authorized shares of common stock from 100 to 65,000,000, DFS effected a recapitalization (the "Recapitalization") of the 100 shares of common stock issued and outstanding, which Recapitalization converted such 100 shares into 32,430,139 shares of common stock, par value $0.01.

F2 · kind: On October 1, 2015 at 12:01 a.m., 26,187,337 shares of common stock of DFS, which is 80.75% of the common stock outstanding, were distributed by RRD to its stockholders (the "Distribution"). As of the Distribution, RRD beneficially owns 6,242,802 shares of common stock of DFS, which is 19.25% of the outstanding common stock of DFS.

F1 · shares: On February 22, 2016, Donnelley Financial Solutions, Inc. ("DFS"), a Delaware corporation, issued all 100 outstanding shares of DFS common stock to R. R. Donnelley & Sons Company ("RRD"), a Delaware corporation. On September 30, 2016 and simultaneously with the effectiveness of the amended and restated certificate of incorporation of DFS (the "Amended and Restated Certificate of Incorporation") that increased the number of authorized shares of common stock from 100 to 65,000,000, DFS effected a recapitalization (the "Recapitalization") of the 100 shares of common stock issued and outstanding, which Recapitalization converted such 100 shares into 32,430,139 shares of common stock, par value $0.01.

F2 · shares: On October 1, 2015 at 12:01 a.m., 26,187,337 shares of common stock of DFS, which is 80.75% of the common stock outstanding, were distributed by RRD to its stockholders (the "Distribution"). As of the Distribution, RRD beneficially owns 6,242,802 shares of common stock of DFS, which is 19.25% of the outstanding common stock of DFS.

F1 · price: On February 22, 2016, Donnelley Financial Solutions, Inc. ("DFS"), a Delaware corporation, issued all 100 outstanding shares of DFS common stock to R. R. Donnelley & Sons Company ("RRD"), a Delaware corporation. On September 30, 2016 and simultaneously with the effectiveness of the amended and restated certificate of incorporation of DFS (the "Amended and Restated Certificate of Incorporation") that increased the number of authorized shares of common stock from 100 to 65,000,000, DFS effected a recapitalization (the "Recapitalization") of the 100 shares of common stock issued and outstanding, which Recapitalization converted such 100 shares into 32,430,139 shares of common stock, par value $0.01.

F2 · price: On October 1, 2015 at 12:01 a.m., 26,187,337 shares of common stock of DFS, which is 80.75% of the common stock outstanding, were distributed by RRD to its stockholders (the "Distribution"). As of the Distribution, RRD beneficially owns 6,242,802 shares of common stock of DFS, which is 19.25% of the outstanding common stock of DFS.

F2 · balance_after: On October 1, 2015 at 12:01 a.m., 26,187,337 shares of common stock of DFS, which is 80.75% of the common stock outstanding, were distributed by RRD to its stockholders (the "Distribution"). As of the Distribution, RRD beneficially owns 6,242,802 shares of common stock of DFS, which is 19.25% of the outstanding common stock of DFS.

SEC source: 0000899243-16-030908 · doc4.xml · nonDerivative · entry 1

CRANDALL RICHARD L · CIK 0000924060 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 644

F1 · shares: Richard L. Crandall has been awarded director restricted stock units ("RSUs") with a value of $31,350, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service as Chairman of the Board of Directors of Donnelley Financial Solutions, Inc. ("DFS") for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Crandall's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

F1 · balance_after: Richard L. Crandall has been awarded director restricted stock units ("RSUs") with a value of $31,350, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service as Chairman of the Board of Directors of Donnelley Financial Solutions, Inc. ("DFS") for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Crandall's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

SEC source: 0000899243-16-030916 · doc4.xml · nonDerivative · entry 1

Aguilar Luis A · CIK 0001671674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: Luis A. Aguilar has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Aguilar's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

F1 · balance_after: Luis A. Aguilar has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Aguilar's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

SEC source: 0000899243-16-030929 · doc4.xml · nonDerivative · entry 1

Reiners Jennifer B · CIK 0001685328 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 735

F1 · shares: Jennifer B. Reiners has been awarded restricted stock with a value of $350,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant.

F1 · balance_after: Jennifer B. Reiners has been awarded restricted stock with a value of $350,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant.

SEC source: 0000899243-16-030932 · doc4.xml · nonDerivative · entry 1

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,025

F1 · shares: David A. Gardella has been awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant.

F1 · balance_after: David A. Gardella has been awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant.

SEC source: 0000899243-16-030934 · doc4.xml · nonDerivative · entry 1

Turner Kami · CIK 0001685401 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: Kami S. Turner has been awarded restricted stock with a value of $125,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares 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.

F1 · balance_after: Kami S. Turner has been awarded restricted stock with a value of $125,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares 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.

SEC source: 0000899243-16-030931 · doc4.xml · nonDerivative · entry 1

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,127

F1 · shares: Thomas F. Juhase has been awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant.

F1 · balance_after: Thomas F. Juhase has been awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). The number of shares of common stock owned does not reflect the award of such restricted stock because the number of restricted shares awarded will be based on a ten trading day value weighted average price of DFS common stock following the date of grant.

SEC source: 0000899243-16-030930 · doc4.xml · nonDerivative · entry 1

Drucker Charles · CIK 0001331563 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: Charles D. Drucker has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Drucker's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

F1 · balance_after: Charles D. Drucker has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Drucker's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

SEC source: 0000899243-16-030925 · doc4.xml · nonDerivative · entry 1

MARTIN LOIS M · CIK 0001282708 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: Lois M. Martin has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Martin's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

F1 · balance_after: Lois M. Martin has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Martin's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

SEC source: 0000899243-16-030923 · doc4.xml · nonDerivative · entry 1

Leib Daniel · CIK 0001464929 · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,635

F1 · shares: 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.

F2 · balance_after: 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.

F3 · balance_after: (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.

SEC source: 0000899243-16-030922 · doc4.xml · nonDerivative · entry 1

GREENFIELD GARY G · CIK 0001233415 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · shares: Gary G. Greenfield has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Greenfield's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

F1 · balance_after: Gary G. Greenfield has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Mr. Greenfield's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

SEC source: 0000899243-16-030915 · doc4.xml · nonDerivative · entry 1

CALDWELL NANCI · CIK 0001232403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27

F1 · shares: Nanci E. Caldwell has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for her service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Ms. Caldwell's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

F1 · balance_after: Nanci E. Caldwell has been awarded director restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for her service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. The number of shares of common stock owned does not reflect ownership of RSUs because the number of RSUs will be determined based on a ten trading day value weighted average price of DFS common stock following the date of grant. Ms. Caldwell's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. The Reporting Person will amend this Form 4 when such information is available.

SEC source: 0000899243-16-031909 · doc4a.xml · nonDerivative · entry 1

CRANDALL RICHARD L · CIK 0000924060 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,711

F1 · shares: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Richard L. Crandall was awarded restricted stock Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Richard L. Crandall was awarded restricted stock units ("RSUs") with a value of $31,350, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service as Chairman of the board of directors of Donnelley Financial Solutions, Inc. ("DFS") for the remainder of 2016. Such grant represents 1,384 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant.

F2 · shares: (Continued from Footnote 1) Mr. Crandall's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. Mr. Crandall's beneficial ownership of securities also reflects 644 shares of common stock owned prior to the grant of RSUs as well as 47,683 RSUs held prior to the date of the Reported Transaction (after giving effect to the one for three reverse stock split that was effective on October 1, 2016 and the distribution by R. R. Donnelley & Sons Company of 80.75% of the common stock of LSC Communications, Inc. and DFS, which occurred on October 1, 2016.)

F1 · balance_after: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Richard L. Crandall was awarded restricted stock Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Richard L. Crandall was awarded restricted stock units ("RSUs") with a value of $31,350, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service as Chairman of the board of directors of Donnelley Financial Solutions, Inc. ("DFS") for the remainder of 2016. Such grant represents 1,384 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant.

F2 · balance_after: (Continued from Footnote 1) Mr. Crandall's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. Mr. Crandall's beneficial ownership of securities also reflects 644 shares of common stock owned prior to the grant of RSUs as well as 47,683 RSUs held prior to the date of the Reported Transaction (after giving effect to the one for three reverse stock split that was effective on October 1, 2016 and the distribution by R. R. Donnelley & Sons Company of 80.75% of the common stock of LSC Communications, Inc. and DFS, which occurred on October 1, 2016.)

SEC source: 0000899243-16-031874 · doc4a.xml · nonDerivative · entry 1

Reiners Jennifer B · CIK 0001685328 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,198

F1 · shares: Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Jennifer B. Reiners was awarded restricted stock with a value of $350,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 15,463 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Ms. Reiners' beneficial ownership of securities also reflects 735 shares of common stock owned prior to the grant of restricted stock.

F1 · balance_after: Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Jennifer B. Reiners was awarded restricted stock with a value of $350,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 15,463 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Ms. Reiners' beneficial ownership of securities also reflects 735 shares of common stock owned prior to the grant of restricted stock.

SEC source: 0000899243-16-031902 · doc4a.xml · nonDerivative · entry 1

Gardella David A · CIK 0001685399 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,190

F1 · shares: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, David A. Gardella was awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 23,414 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Gardella's beneficial ownership of securities also reflects 1,025 shares of common stock owned prior to the grant of restricted stock as well as 19,751 restricted stock units held prior to the date of the Reported Transaction (after giving effect to the distribution by R. R. Donnelley & Sons Company of 80.75% of the common stock of LSC Communications, Inc. and DFS, which occurred on October 1, 2016.)

F1 · balance_after: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, David A. Gardella was awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 23,414 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Gardella's beneficial ownership of securities also reflects 1,025 shares of common stock owned prior to the grant of restricted stock as well as 19,751 restricted stock units held prior to the date of the Reported Transaction (after giving effect to the distribution by R. R. Donnelley & Sons Company of 80.75% of the common stock of LSC Communications, Inc. and DFS, which occurred on October 1, 2016.)

SEC source: 0000899243-16-031899 · doc4a.xml · nonDerivative · entry 1

Turner Kami · CIK 0001685401 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,523

F1 · shares: Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Kami S. Turner was awarded restricted stock with a value of $125,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 5,523 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant.

F1 · balance_after: Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Kami S. Turner was awarded restricted stock with a value of $125,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 5,523 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant.

SEC source: 0000899243-16-031872 · doc4a.xml · nonDerivative · entry 1

Juhase Thomas F · CIK 0001685398 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,122

F1 · shares: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Thomas F. Juhase was awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 23,414 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Juhase's beneficial ownership of securities also reflects 5,127 shares of common stock owned prior to the grant of restricted stock as well as 23,581 restricted stock units held prior to the date of the Reported Transaction (after giving effect to the distribution by R. R. Donnelley & Sons Company of 80.75% of the common stock of LSC Communications, Inc. and DFS, which occurred on October 1, 2016.)

F1 · balance_after: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Thomas F. Juhase was awarded restricted stock with a value of $530,000 by Donnelley Financial Solutions, Inc. ("DFS"). Such grant represents 23,414 shares of restricted stock calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Juhase's beneficial ownership of securities also reflects 5,127 shares of common stock owned prior to the grant of restricted stock as well as 23,581 restricted stock units held prior to the date of the Reported Transaction (after giving effect to the distribution by R. R. Donnelley & Sons Company of 80.75% of the common stock of LSC Communications, Inc. and DFS, which occurred on October 1, 2016.)

SEC source: 0000899243-16-031894 · doc4a.xml · nonDerivative · entry 1

Aguilar Luis A · CIK 0001671674 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,046

F1 · shares: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Luis A. Aguilar was awarded restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. Such grant represents 3,046 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Aguilar's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier.

F1 · balance_after: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Luis A. Aguilar was awarded restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. Such grant represents 3,046 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Aguilar's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier.

SEC source: 0000899243-16-031903 · doc4a.xml · nonDerivative · entry 1

CALDWELL NANCI · CIK 0001232403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,073

F1 · shares: Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Nanci E. Caldwell was awarded restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for her service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. Such grant represents 3,046 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant.

F2 · shares: (Continued from Footnote 1) Ms. Caldwell's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. Ms. Caldwell's beneficial ownership of securities also reflects 27 shares of common stock owned prior to the grant of RSUs.

F1 · balance_after: Reporting Person is filing an amendment to her Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Nanci E. Caldwell was awarded restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for her service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. Such grant represents 3,046 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant.

F2 · balance_after: (Continued from Footnote 1) Ms. Caldwell's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier. Ms. Caldwell's beneficial ownership of securities also reflects 27 shares of common stock owned prior to the grant of RSUs.

SEC source: 0000899243-16-031901 · doc4a.xml · nonDerivative · entry 1

Drucker Charles · CIK 0001331563 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,046

F1 · shares: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Charles D. Drucker was awarded restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. Such grant represents 3,046 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Drucker's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier.

F1 · balance_after: Reporting Person is filing an amendment to his Form 4, which was filed on October 4, 2016, in order to update the number of securities acquired and the amount of securities beneficially owned following the Reported Transaction. On October 1, 2016, Charles D. Drucker was awarded restricted stock units ("RSUs") with a value of $68,970, pursuant to the Donnelley Financial Non-Employee Director Compensation Plan, for his service on the Donnelley Financial Solutions, Inc. ("DFS") board of directors for the remainder of 2016. Such grant represents 3,046 RSUs calculated based on the ten trading day volume weighted average price of DFS common stock following the date of grant. Mr. Drucker's RSUs will vest one year from the date of grant. The RSUs are payable in shares of common stock one year from the date of grant or when the Reporting Person ceases to be a director, if earlier.