SEC Form 4 · accession 0001688568-17-000089
DXC Technology Co · DXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Deckelman Jr.
Officer — EVP & General Counsel
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688568
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | May 31, 2017 | A | 5,863 | A | — | — | Common Stock | 5,863 | 33,720 | D |
| Restricted Stock Units (2)F2 | $0.00 | May 31, 2017 | A | 1,758 | A | — | — | Common Stock | 1,758 | 1,758 | D |
Explanation of responses
- F1Each vested Restricted Stock Unit (RSU) entitles the reporting person to receive one share of common stock. The RSUs will vest in three equal annual installments beginning May 31, 2018.
- F2Each vested RSU entitles the reporting person to receive one share of common stock. The RSUs vest at age 65, subject to the reporting person's continued employment through that date, or at age 55 with ten continuous years of service and may vest earlier under certain other circumstances. Vested RSUs are released as shares of common stock at the rate of 10% of the shares granted on each of the first ten anniversaries of the reporting person's employment termination date.