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UNISYS CORP — Director's Dealing 2017
Feb 7, 2017
33416_dirs_2017-02-07_58f19573-267c-4771-b5a5-98d5c98b0de9.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: 2017-02-03
Reporting Person: Hutto Eric (Senior Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-03 | Restricted Stock Units | $ | A | 7181 | Acquired | Common Stock (6887) | Direct | |
| 2017-02-03 | Restricted Stock Units | $ | A | 1352 | Acquired | Common Stock (1669) | 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 operating profit for that year in each of 2015, 2016 and 2017, respectively, and then such earned PB- RSUs vest on February 11, 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 February 11, 2017.
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 September 2, 2015 under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. 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 September 2, 2016, 2017 and 2018, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2016 performance goal.