AI assistant
UNISYS CORP — Director's Dealing 2018
Jul 5, 2018
33416_dirs_2018-07-05_b75feb9e-b460-475f-b700-f029b7a49eab.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: 2018-07-03
Reporting Person: Hutto Eric (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-03 | Common Stock | M | 1668 | — | Acquired | 36761 | Direct |
| 2018-07-03 | Common Stock | F | 656 | $13.15 | Disposed | 36105 | Direct |
| 2018-07-03 | Common Stock | M | 1287 | — | Acquired | 37392 | Direct |
| 2018-07-03 | Common Stock | F | 506 | $13.15 | Disposed | 36886 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-03 | Restricted Stock Units | $ | M | 1287 | Disposed | Common Stock (1668) | Direct | |
| 2018-07-03 | Restricted Stock Units | $ | M | 1287 | Disposed | Common Stock (1287) | 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 July 3, 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 July 3, 2018, 2019, and 2020, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2018 performance goal. All shares resulting from such earned PB-RSUs vested on July 3, 2018.
F3: Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F4: Time-based restricted stock units granted under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning July 3, 2018.