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UNISYS CORP — Director's Dealing 2018
Feb 12, 2018
33416_dirs_2018-02-12_8e6fb0ae-2fec-4e9b-9e4d-d1272842f13a.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: 2018-02-09
Reporting Person: Singh Inder M (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-09 | Common Stock | M | 5910 | — | Acquired | 12959 | Direct |
| 2018-02-09 | Common Stock | F | 2087 | $9.9 | Disposed | 10872 | Direct |
| 2018-02-09 | Common Stock | M | 7737 | — | Acquired | 18609 | Direct |
| 2018-02-09 | Common Stock | F | 2711 | $9.9 | Disposed | 15898 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-09 | Restricted Stock Units | $ | M | 5910 | Acquired | Common Stock (5910) | Direct | |
| 2018-02-09 | Restricted Stock Units | $ | M | 5910 | Acquired | Common Stock (7737) | 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 Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units will vest in three equal annual installments beginning February 9, 2018.
F3: Each restricted stock unit represents a contingent right to receive 1.309 shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs") granted on February 9, 2017 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. 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 February 9, 2018, 2019, and 2020, 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 vested on February 9, 2018.