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UNISYS CORP — Director's Dealing 2019
Dec 9, 2019
33416_dirs_2019-12-09_f78532ce-7518-4a6d-8ade-fb9a058cf85e.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: 2019-12-06
Reporting Person: Ruckstuhl Ann S (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-06 | Common Stock | M | 2206 | — | Acquired | 28906 | Direct |
| 2019-12-06 | Common Stock | F | 1093 | $11.25 | Disposed | 27813 | Direct |
| 2019-12-06 | Common Stock | M | 2500 | — | Acquired | 30313 | Direct |
| 2019-12-06 | Common Stock | F | 1239 | $11.25 | Disposed | 29074 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-06 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2206) | Direct | |
| 2019-12-06 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2500) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive 0.8822 shares of Unisys Corporation common stock.
F2: Performance-based restricted stock units ("PB-RSUs") granted on December 6, 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 vested on December 6, 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 PB-RSUs the reporting person earned based on the 2018 performance goal. All shares resulting from such earned PB-RSUs vested on December 6, 2019.
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 terms of the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vested in three equal annual installments beginning December 6, 2017.