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UNISYS CORP — Director's Dealing 2018
Dec 10, 2018
33416_dirs_2018-12-10_a4186e25-6d20-4af9-b71e-9210772bc7bb.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: 2018-12-06
Reporting Person: Ruckstuhl Ann S (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-06 | Common Stock | M | 2500 | — | Acquired | 10887 | Direct |
| 2018-12-06 | Common Stock | F | 864 | $12.97 | Disposed | 10023 | Direct |
| 2018-12-06 | Common Stock | M | 2165 | — | Acquired | 12188 | Direct |
| 2018-12-06 | Common Stock | F | 748 | $12.97 | Disposed | 11440 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-12-06 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2018-12-06 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2165) | 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 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning December 6, 2017.
F3: Each restricted stock unit represents a contingent right to receive 0.866 shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs") granted on December 6, 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 December 6, 2017, 2018 and 2019, respectively (or if such day does not fall on a trading day, the immediately preceding trading day). This report only relates to PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on December 6, 2018.