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UNISYS CORP — Director's Dealing 2018
Sep 4, 2018
33416_dirs_2018-09-04_63c7f1b3-12fa-4a22-9535-11306fbe02a9.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: 2018-08-31
Reporting Person: Hutto Eric (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-31 | Common Stock | M | 601 | — | Acquired | 37487 | Direct |
| 2018-08-31 | Common Stock | F | 236 | $18.6 | Disposed | 37251 | Direct |
| 2018-08-31 | Common Stock | M | 1229 | — | Acquired | 38480 | Direct |
| 2018-08-31 | Common Stock | F | 483 | $18.6 | Disposed | 37997 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-31 | Restricted Stock Units | $ | M | 601 | Disposed | Common Stock (601) | Direct | |
| 2018-08-31 | Restricted Stock Units | $ | M | 1351 | Disposed | Common Stock (1229) | 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 ("TB-RSUs") granted under the terms of the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal annual installments beginning September 2, 2016.
F3: Each restricted stock unit represents a contingent right to receive 0.909 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. 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 September 2, 2016, 2017 and 2018, 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 August 31, 2018.