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CONDUENT Inc — Director's Dealing 2017
Jan 6, 2017
32926_dirs_2017-01-05_e1b37723-4b3e-413e-8455-d5dfed63d528.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CONDUENT Inc (CNDT)
CIK: 0001677703
Period of Report: 2017-01-03
Reporting Person: KOURY FREDERICK S (EVP & CHRO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Restricted E-LTIP (RSU) | 39625 | Direct |
Footnotes
F1: In connection with the Spin-Off, each Xerox RSU award was converted into an RSU award in respect of shares of Conduent Common Stock pursuant to the terms of the employee matters agreement between Xerox and Conduent. The number of shares of Conduent Common Stock subject to the award was determined based on (i) the number of shares subject to the Xerox RSU award immediately prior to the Spin-Off and (ii) the Conduent Conversion Ratio. Each RSU represents a contingent right to receive one share of Conduent Common Stock. The RSUs cliff-vesting.