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UNISYS CORP — Director's Dealing 2016
Feb 9, 2016
33416_dirs_2016-02-09_642b86fa-a554-4d93-8aa3-a15298d7ca4e.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: 2016-02-05
Reporting Person: RENZI JEFFREY (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-05 | Common Stock | M | 6247 | — | Acquired | 9841 | Direct |
| 2016-02-05 | Common Stock | M | 2591 | — | Acquired | 12432 | Direct |
| 2016-02-05 | Common Stock | F | 1982 | $10.31 | Disposed | 10450 | Direct |
| 2016-02-05 | Common Stock | F | 685 | $10.31 | Disposed | 9765 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-05 | Restricted Stock Units | $ | M | 5827 | Disposed | Common Stock (6247) | Direct | |
| 2016-02-05 | Restricted Stock Units | $ | M | 2591 | Disposed | Common Stock (2591) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive 1.072 shares of Unisys Corporation common stock.
F2: Performance-based restricted stock units ("PB-RSUs") granted on February 5, 2015 under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The 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 February 5, 2016, 2017 and 2018, respectively. This report only 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 February 5, 2016.
F3: Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F4: 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 February 5, 2016.