AI assistant
UNISYS CORP — Director's Dealing 2016
Jun 6, 2016
33416_dirs_2016-06-06_88615278-3175-4ad1-806c-c630af054102.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2016-06-02
Reporting Person: El Sadany Tarek (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-02 | Common Stock | M | 3334 | — | Acquired | 3334 | Direct |
| 2016-06-02 | Common Stock | F | 1111 | $8.40 | Disposed | 2223 | Direct |
| 2016-06-02 | Common Stock | M | 3575 | — | Acquired | 5798 | Direct |
| 2016-06-02 | Common Stock | F | 1192 | $8.40 | Disposed | 4606 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-02 | Restricted Stock Units | $0 | M | 3334 | Disposed | Common Stock (3334) | Direct | |
| 2016-06-02 | Restricted Stock Units | $ | M | 3334 | Disposed | Common Stock (3575) | 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 starting June 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 June 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 June 2, 2016, 2017 and 2018, respectively. This report relates to the PB-RSUs the reporting person earned based on the 2015 performance goal. All shares resulting from such earned PB-RSUs vested on June 2, 2016.