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UNISYS CORP — Director's Dealing 2017
Mar 31, 2017
33416_dirs_2017-03-31_12dfada0-7aed-40c3-94b5-5c3d4222d943.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: 2017-03-29
Reporting Person: Singh Inder M (Senior Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-29 | Common Stock | M | 4366 | — | Acquired | 4366 | Direct |
| 2017-03-29 | Common Stock | F | 1673 | $14.1 | Disposed | 2693 | Direct |
| 2017-03-29 | Common Stock | M | 4187 | — | Acquired | 6880 | Direct |
| 2017-03-29 | Common Stock | F | 1604 | $14.1 | Disposed | 5276 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-29 | Restricted Stock Units | $ | M | 4366 | Acquired | Common Stock (4366) | Direct | |
| 2017-03-29 | Restricted Stock Units | $ | M | 4366 | Acquired | Common Stock (4187) | 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 annual installments beginning March 29, 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 March 29, 2016 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 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on March 29, 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 March 29, 2017.