SEC Form 4 · accession 0001127602-17-001951
XEROX CORP · XRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Keegan
Director
Period of report
Jan 13, 2017
Accepted (ET)
Jan 18, 2017 · 7:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000108772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2,F3 | Jan 13, 2017 | A | 12,803 | $7.03 | A | 127,216 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each DSU represent the right to receive one share of common stock upon the reporting person's termination of service as a director.
- F2This amount includes 863 shares paid on 7/29/16 and 871 shares paid on 10/31/16 from the reinvestment of dividend equivalents paid on Deferred Stock Units held as of 6/30/2016 and 9/30/2016, respectively. These dividend equivalents have been adjusted to reflect the effects of separation.
- F3Reflects an antidilution adjustment to the number of DSUs that was made in connection with the legal and structural separation (the "Spin-Off") of Conduent Incorporated from Xerox Corporation ("Xerox"). The number of shares of Xerox's common stock subject to the awards was adjusted based on the number of the shares subject to the DSU awards immediately prior to the Spin-Off and (ii) the ratio of (A) the pre-Spin-Off closing price on December 30, 2016 of Xerox's common stock and (B ) the volume weighted average price of Xerox's common stock trading on the New York Stock Exchange on January 3, 2017.