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UNISYS CORP — Director's Dealing 2016
Sep 7, 2016
33416_dirs_2016-09-07_1daf0908-a816-4b41-a14a-8525b027b5f7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2016-09-02
Reporting Person: Hutto Eric (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-02 | Common Stock | M | 602 | — | Acquired | 602 | Direct |
| 2016-09-02 | Common Stock | F | 164 | $10.24 | Disposed | 438 | Direct |
| 2016-09-02 | Common Stock | M | 1450 | — | Acquired | 1888 | Direct |
| 2016-09-02 | Common Stock | F | 396 | $10.24 | Disposed | 1492 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-02 | Restricted Stock Units | $0 | M | 602 | Disposed | Common Stock (602) | Direct | |
| 2016-09-02 | Restricted Stock Units | $ | M | 1352 | Disposed | Common Stock (1450) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F2: Time-based restricted stock units granted under the terms of the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning September 2, 2016.
F3: Each restricted stock unit represents a contingent right to receive 1.072 shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs") granted on September 2, 2015 under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. PB-RSUs are earned one-third annually over a three-year period to the extent Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2015, 2016 and 2017, respectively, and then such earned PB-RSUs vest on September 2, 2016, 2017 and 2018, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2015 performance goal.