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UNISYS CORP — Director's Dealing 2019
Jul 29, 2019
33416_dirs_2019-07-29_cdae067c-ef5a-4d44-82cc-666777dc1e3a.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: 2019-07-25
Reporting Person: GUPTA VISHAL (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-25 | Common Stock | M | 4831 | — | Acquired | 5331 | Direct |
| 2019-07-25 | Common Stock | F | 1454 | $9.97 | Disposed | 3877 | Direct |
| 2019-07-25 | Common Stock | M | 9662 | — | Acquired | 13539 | Direct |
| 2019-07-25 | Common Stock | F | 2908 | $9.97 | Disposed | 10631 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-25 | Restricted Stock Units | $ | M | 4831 | Disposed | Common Stock (4831) | Direct | |
| 2019-07-25 | Restricted Stock Units | $ | M | 4831 | Disposed | Common Stock (9662) | 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 Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning July 25, 2018.
F3: Each restricted stock unit represents a contingent right to receive two shares of Unisys Corporation common stock.
F4: Performance-based restricted stock units ("PB-RSUs") granted on July 25, 2018 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are eligible to be earned in equal annual amounts over a three-year period to the extent Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2018, 2019 and 2020, respectively, and then such PB-RSUs vest on July 25, 2019, 2020, and 2021, respectively. This report only relates to the PB-RSUs the reporting person earned during the 2018 performance period. All shares resulting from such earned PB-RSUs vested on July 25, 2019.