AI assistant
UNISYS CORP — Director's Dealing 2018
Aug 16, 2018
33416_dirs_2018-08-16_dfb412b0-75fe-4e46-86ff-3f4c2b664822.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2018-08-15
Reporting Person: Gupta Shalabh (Vice President and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-15 | Common Stock | M | 2700 | — | Acquired | 2700 | Direct |
| 2018-08-15 | Common Stock | F | 791 | $15.25 | Disposed | 1909 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-15 | Restricted Stock Units | $ | M | 2083 | Disposed | Common Stock (2700) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive 1.2960 shares of Unisys Corporation common stock.
F2: Performance-based restricted stock units ("PB-RSUs") granted on August 15, 2017 under the Unisys Corporation 2016 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 2017, 2018 and 2019, respectively, and then such earned PB-RSUs vest on August 15, 2018, 2019 and 2020, respectively. 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 15, 2018.