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UNISYS CORP — Director's Dealing 2018
Apr 2, 2018
33416_dirs_2018-04-02_c8a99678-e162-4eb1-a7ba-980c7687c977.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: 2018-03-29
Reporting Person: Singh Inder M (Senior Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-29 | Common Stock | M | 4367 | — | Acquired | 20265 | Direct |
| 2018-03-29 | Common Stock | F | 1594 | $10.75 | Disposed | 18671 | Direct |
| 2018-03-29 | Common Stock | M | 3782 | — | Acquired | 22453 | Direct |
| 2018-03-29 | Common Stock | F | 1335 | $10.75 | Disposed | 21118 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-29 | Restricted Stock Units | $ | M | 4367 | Disposed | Common Stock (4367) | Direct | |
| 2018-03-29 | Restricted Stock Units | $ | M | 4367 | Disposed | Common Stock (3782) | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive one share of Unisys Corporation common stock.
F2: Time-based restricted stock units granted under the terms of the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three annual installments beginning March 29, 2017.
F3: Each restricted stock unit represents the right to receive 0.866 shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs") granted on March 29, 2016 under the Unisys Corporation 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 the year ended in each of 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on March 29, 2017, 2018 and 2019, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vest on March 29, 2018.