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DXC Technology Co — Director's Dealing 2018
Dec 18, 2018
31525_dirs_2018-12-18_3870f040-14c2-494e-ba8f-4ffa9bfde744.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: DXC Technology Co (DXC)
CIK: 0001688568
Period of Report: 2017-04-01
Reporting Person: Mason Joanne (EVP & Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-01 | Common Stock | A | 13220 | — | Acquired | 13220 | Direct |
| 2017-04-01 | Common Stock | M | 15786 | — | Acquired | 29006 | Direct |
| 2017-04-01 | Common Stock | M | 6392 | — | Acquired | 35398 | Direct |
| 2017-04-01 | Common Stock | F | 7420 | — | Disposed | 27978 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-01 | Options (rights to buy) | $27.32 | A | 5021 | Acquired | 2024-05-16 | Common Stock (5021.0) | Direct |
| 2017-04-01 | Options (rights to buy) | $30.73 | A | 28327 | Acquired | 2025-05-22 | Common Stock (28327.0) | Direct |
| 2017-04-01 | Options (rights to buy) | $49.24 | A | 10973 | Acquired | 2026-05-27 | Common Stock (10973.0) | Direct |
| 2017-04-01 | Restricted Stock Units (Performance Vested) | $0.0 | M | 15786 | Disposed | Common Stock (15786.0) | Direct | |
| 2017-04-01 | Restricted Stock Units (Performance Vested) (2) | $0.0 | M | 6392 | Disposed | Common Stock (6392.0) | Direct | |
| 2017-04-01 | Restricted Stock Units | $0.0 | A | 6392 | Acquired | Common Stock (6392.0) | Direct | |
| 2017-04-01 | Restricted Stock Units | $0.0 | A | 9002 | Acquired | Common Stock (9002.0) | Direct | |
| 2017-04-01 | Restricted Stock Units | $0.0 | A | 84853 | Acquired | Common Stock (84853.0) | Direct |
Footnotes
F1: Computer Sciences Corporation ("CSC") stockholders at the effective time of the merger of Computer Sciences Corporation with and into New Everett Merger Sub, Inc. on April 1, 2017 (the "Merger") received one share of common stock of DXC Technology Company (the "Company") in exchange for one share CSC common stock held at the effective time of the Merger. The total direct beneficial ownership reflects the shares acquired by the reporting person in connection with the Merger on April 1, 2017.
F2: Performance-vesting restricted stock units of CSC were converted into performance-vesting restricted stock units of the Company and vested early on April 1, 2017 at the effective time of the Merger.
F3: 50% of Fiscal 2017 performance-vesting restricted stock units of CSC converted into performance-vesting restricted stock units of the Company and vested early on April 1, 2017 at the effective time of the Merger
F4: This Form 4 is being amended to report shares withheld for tax liabilities.
F5: Options were acquired at the effective time of the Merger by the conversion of each option to purchase one share of common stock of CSC into one option to purchase one share of common stock of the Company and vested early on April 1, 2017 upon the effective time of the Merger.
F6: This Form 4 is being amended to correct the number of options acquired at the time of the Merger. Options were acquired at the effective time of the Merger by conversion of one third of the reporting person's Fiscal 2017 options to purchase shares of common stock of CSC into options to purchase shares of common stock of the Company and vested early on April 1, 2017 at the effective time of the Merger.
F7: 50% of Fiscal 2017 performance-vesting restricted stock units of CSC converted into time-vesting restricted stock units of the Company on April 1, 2017 upon the effective time of the Merger. The restricted stock units will vest in two equal installments on May 27, 2018 and May 27, 2019.
F8: This Form 4 is being amended to report the acquisition of additional time-vesting restricted stock units. Time-vesting restricted stock units were acquired at the effective time of the Merger by conversion of two thirds of the issued Fiscal 2017 options to purchase shares of common stock of CSC into time-vesting restricted stock units of the Company. The restricted stock units will vest in two equal annual installments beginning on May 27, 2018.
F9: This Form 4 is being amended to report the acquisition of additional restricted stock units ("RSUs") inadvertently omitted from the original Form 4 filing. One-third of the December 2015 performance-vesting RSUs of CSC had already vested on December 15, 2016 and were converted into vested RSUs of the Company on April 1, 2017 upon the effective time of the Merger and will settle on December 15, 2018. One-third of the December 2015 performance-vesting RSUs of CSC were converted into time-vesting RSUs of the Company on April 1, 2017 upon the effective time of the Merger, will vest on December 15, 2017 and will settle on December 15, 2018. The remaining one-third of the December 2015 performance-vesting RSUs of CSC were converted into time-vesting RSUs of the Company on April 1, 2017 upon the effective time of the Merger and will vest and settle on December 15, 2018.