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UNISYS CORP — Director's Dealing 2017
Jun 6, 2017
33416_dirs_2017-06-06_9ac04da0-bb0f-430d-8d45-6c9e6fd8f9f4.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: 2017-06-02
Reporting Person: El Sadany Tarek (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-02 | Common Stock | M | 4113 | — | Acquired | 17516 | Direct |
| 2017-06-02 | Common Stock | F | 1545 | $12.35 | Disposed | 15971 | Direct |
| 2017-06-02 | Common Stock | M | 3333 | — | Acquired | 19304 | Direct |
| 2017-06-02 | Common Stock | F | 1252 | $12.35 | Disposed | 18052 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-02 | Restricted Stock Units | $ | M | 3333 | Acquired | Common Stock (3333) | Direct | |
| 2017-06-02 | Restricted Stock Units | $ | M | 3333 | Acquired | Common Stock (4113) | 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 1.239 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 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on June 2, 2017, 2018 and 2019. This report only relates to the PB-RSUs the reporting person earned based on the 2016 performance goal. All shares resulting from such earned PB-RSUs vested on June 2, 2017.