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UNISYS CORP — Director's Dealing 2020
Feb 27, 2020
33416_dirs_2020-02-27_c8fce368-287a-4222-a8e8-6cd8b5173ce4.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: 2020-02-25
Reporting Person: Ruckstuhl Ann S (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-25 | Common Stock | M | 3585 | — | Acquired | 47051 | Direct |
| 2020-02-25 | Common Stock | F | 1239 | $15.82 | Disposed | 45812 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-25 | Restricted Stock Units | $ | M | 3547 | Disposed | Common Stock (3585) | 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 February 9, 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 February 9, 2018, 2019 and 2020, respectively or, if later, the date on which the achievement of the performance goal for each such year is finally determined. 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 February 25, 2020.