SEC Form 4 · accession 0001127602-17-000734
CONDUENT Inc · CNDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
XEROX CORP
10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001677703
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 31, 2016 | J | 202,875,096 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 31, 2016, Xerox Corporation ("Xerox") disposed of all 202,875,096 shares of Conduent Incorporated ("Conduent") common stock, par value $0.01 per share ("Conduent Common Stock"), issued and outstanding by distributing as a pro rata dividend to Xerox's shareholders one share of Conduent Common Stock for every five shares of Xerox common stock, par value $1.00 per share, held by each holder of record as of 5:00 p.m. New York City time on December 15, 2016, to effect the legal and structural separation of Conduent from Xerox.