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UNISYS CORP — Director's Dealing 2017
Sep 6, 2017
33416_dirs_2017-09-06_7220fa64-c0f0-4130-b301-21c2f63f7185.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: 2017-09-01
Reporting Person: Hutto Eric (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-01 | Common Stock | M | 1669 | — | Acquired | 13425 | Direct |
| 2017-09-01 | Common Stock | F | 456 | $7.75 | Acquired | 12969 | Direct |
| 2017-09-01 | Common Stock | M | 602 | — | Acquired | 13571 | Direct |
| 2017-09-01 | Common Stock | F | 164 | $7.75 | Disposed | 13407 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-01 | Restricted Stock Units | $ | M | 602 | Disposed | Common Stock (602) | Direct | |
| 2017-09-01 | Restricted Stock Units | $ | M | 1669 | Disposed | Common Stock (1669) | 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 1.234 shares of the 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. This report relates to the PB-RSUs the reporting person earned based on the 2016 performance goal.