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UNISYS CORP — Director's Dealing 2017
Feb 8, 2017
33416_dirs_2017-02-08_2c0af459-4168-4128-8e69-63013b75fb0e.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: 2017-02-06
Reporting Person: RENZI JEFFREY (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-06 | Common Stock | M | 2590 | — | Acquired | 29315 | Direct |
| 2017-02-06 | Common Stock | M | 7191 | — | Acquired | 36506 | Direct |
| 2017-02-06 | Common Stock | F | 845 | $13.35 | Disposed | 35661 | Direct |
| 2017-02-06 | Common Stock | F | 2165 | $13.35 | Disposed | 33496 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-06 | Restricted Stock Units | $ | M | 2590 | Disposed | Common Stock (2590) | Direct | |
| 2017-02-06 | Restricted Stock Units | $ | M | 7191 | Disposed | Common Stock (7191) | 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 beginning February 5, 2016.
F3: Each restricted stock unit represents a contingent right to receive 1.234 shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs") granted on February 5, 2015 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 2015, 2016 and 2017, respectively, and then such earned PB-RSUs vest on February 5, 2016, 2017 and 2018, respectively. 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 February 5, 2017.