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UNISYS CORP — Director's Dealing 2020
Aug 18, 2020
33416_dirs_2020-08-18_6e4c15ef-34e6-48b4-b6f7-f9165a7b0c36.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: 2020-08-14
Reporting Person: Gupta Shalabh (Vice President and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-14 | Common Stock | M | 2107 | — | Acquired | 15214 | Direct |
| 2020-08-14 | Common Stock | F | 617 | $12.13 | Disposed | 14597 | Direct |
| 2020-08-14 | Common Stock | M | 6250 | — | Acquired | 20847 | Direct |
| 2020-08-14 | Common Stock | F | 1831 | $12.13 | Disposed | 19016 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-14 | Restricted Stock Units | $ | M | 2084 | Disposed | Common Stock (2107) | Direct | |
| 2020-08-14 | Restricted Stock Units | $ | M | 6250 | Disposed | Common Stock (6250) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive 1.0107 shares of Unisys Corporation common stock.
F2: Performance-based restricted stock units ("PB-RSUs") granted on August 15, 2017 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 2017, 2018 and 2019, respectively, and then such PB-RSUs vest on August 15, 2018, 2019, and 2020, respectively. This report only relates to the PB-RSUs the reporting person earned during the 2019 performance period. All shares resulting from such earned PB-RSUs vested on August 14, 2020.
F3: Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F4: Time-based restricted stock units ("TB-RSUs") granted on August 15, 2017 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vested on August 14, 2020.