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UNISYS CORP — Director's Dealing 2018
Feb 12, 2018
33416_dirs_2018-02-12_994ae66b-9aa3-4f8d-b309-355a68b959a3.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: Hutto Eric (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-09 | Common Stock | M | 6233 | — | Acquired | 19640 | Direct |
| 2018-02-09 | Common Stock | F | 1517 | $9.9 | Disposed | 18123 | Direct |
| 2018-02-09 | Common Stock | M | 5910 | — | Acquired | 24033 | Direct |
| 2018-02-09 | Common Stock | F | 1439 | $9.9 | Disposed | 22594 | Direct |
| 2018-02-09 | Common Stock | M | 7180 | — | Acquired | 29774 | Direct |
| 2018-02-09 | Common Stock | F | 1748 | $9.9 | Disposed | 28026 | Direct |
| 2018-02-09 | Common Stock | M | 7737 | — | Acquired | 35763 | Direct |
| 2018-02-09 | Common Stock | F | 1883 | $9.9 | Disposed | 33380 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-09 | Restricted Stock Units | $ | M | 7180 | Acquired | Common Stock (6233) | Direct | |
| 2018-02-09 | Restricted Stock Units | $ | M | 5910 | Acquired | Common Stock (5910) | Direct | |
| 2018-02-09 | Restricted Stock Units | $ | M | 7180 | Acquired | Common Stock (7180) | 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 0.868 shares of Unisys Corporation common stock.
F2: Performance-based restricted stock units ("PB-RSUs") granted on February 11, 2016 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 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on February 11, 2017, 2018 and 2019, respectively (or if such day does not fall on a trading day, the immediately preceding trading day). 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 of February 9, 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 will vest in three equal annual installments beginning February 9, 2018.
F5: Time-based restricted stock units granted under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan, The restricted stock units vest in three equal annual installments beginning February 11, 2017.
F6: Each restricted stock unit represents a contingent right to receive 1.309 shares of Unisys Corporation common stock.
F7: Performance-based restricted stock units ("PB-RSUs") granted on February 9, 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 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.