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UNISYS CORP — Director's Dealing 2017
Feb 14, 2017
33416_dirs_2017-02-14_ed283722-fba9-4a2f-9c2b-57f96e5ffbd1.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: 2017-02-10
Reporting Person: Hutto Eric (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-10 | Common Stock | M | 6887 | — | Acquired | 8379 | Direct |
| 2017-02-10 | Common Stock | M | 7181 | — | Acquired | 15560 | Direct |
| 2017-02-10 | Common Stock | F | 1840 | $14.15 | Disposed | 13720 | Direct |
| 2017-02-10 | Common Stock | F | 1964 | $14.15 | Disposed | 11756 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-10 | Restricted Stock Units | $ | M | 7181 | Acquired | Common Stock (6887) | Direct | |
| 2017-02-10 | Restricted Stock Units | $ | M | 7181 | Acquired | Common Stock (7181) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive 0.959 shares of Unisys Corporation common stock.
F2: Performance-based restricted stock units ("PB-RSUs") granted on February 11, 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 the operating profit for that year in each of 2016, 2017 and 2018, respectively, and then such reporting person earned based on the 2016 performance goal. All shares resulting from such earned PB-RSUs vested on February 11, 2017.
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 11, 2017.