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UNISYS CORP — Director's Dealing 2017
Apr 21, 2017
33416_dirs_2017-04-21_12af5262-9c23-429e-946b-c37e517a562b.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: 2017-04-20
Reporting Person: Stafford Andrew M (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-20 | Common Stock | M | 9933 | — | Acquired | 9933 | Direct |
| 2017-04-20 | Common Stock | F | 4469 | $11.2 | Disposed | 5464 | Direct |
| 2017-04-20 | Common Stock | M | 9526 | — | Acquired | 14990 | Direct |
| 2017-04-20 | Common Stock | F | 4286 | $11.2 | Disposed | 10704 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-20 | Restricted Stock Units | $ | M | 9933 | Acquired | Common Stock (9933) | Direct | |
| 2017-04-20 | Restricted Stock Units | $ | M | 9933 | Acquired | Common Stock (9526) | 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 installments beginning April 20, 2017.
F3: Each restricted stock unit represents a contingent right to receive 0.959 shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs")granted on April 20, 2016 under the Unisys 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 the operating profit for that year in each of 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on April 20, 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 vest on April 20, 2017.