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UNISYS CORP — Director's Dealing 2017
Feb 14, 2017
33416_dirs_2017-02-14_5172b61b-d6c4-4ca7-8a83-7b075c52c503.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: Loeser David (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-10 | Common Stock | M | 4576 | — | Acquired | 17331 | Direct |
| 2017-02-10 | Common Stock | M | 4771 | — | Acquired | 22102 | Direct |
| 2017-02-10 | Common Stock | M | 1133 | — | Acquired | 23235 | Direct |
| 2017-02-10 | Common Stock | F | 1210 | $14.15 | Disposed | 22025 | Direct |
| 2017-02-10 | Common Stock | F | 1304 | $14.15 | Disposed | 20721 | Direct |
| 2017-02-10 | Common Stock | F | 309 | $14.15 | Disposed | 20412 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-10 | Restricted Stock Units | $ | M | 4771 | Disposed | Common Stock (4576) | Direct | |
| 2017-02-10 | Restricted Stock Units | $ | M | 4771 | Disposed | Common Stock (4771) | Direct | |
| 2017-02-10 | Restricted Stock Units | $ | M | 1133 | Disposed | Common Stock (1133) | 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 that 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 February 11, 2017, 2018 and 2019. This report only relates to the PB-RSUs that 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.
F5: Each restricted stock unit represents a contingent right to receive 0.959 shares of Unisys Corporation common stock
F6: 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 12, 2015.