SEC Form 4 · accession 0001688568-18-000048
DXC Technology Co · DXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul N Saleh
Officer — EVP & CFO
Period of report
May 27, 2018
Accepted (ET)
Jun 1, 2018 · 9:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688568
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 27, 2018 | M | 17,665 | $0.00 | A | 157,417 | D | |
| Common Stock | May 27, 2018 | M | 12,542 | $0.00 | A | 169,959 | D | |
| Common StockF1,F2 | May 30, 2018 | A | 11,750 | $0.00 | A | 181,709 | D | |
| Common StockF3,F2,F4 | May 30, 2018 | A | 5,633 | $0.00 | A | 187,342 | D | |
| Common StockF2,F4 | May 31, 2018 | M | 3,753 | $0.00 | A | 191,095 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $0.00 | May 27, 2018 | M | 17,665 | D | — | — | Common Stock | 17,665 | 6,206 | D |
| Restricted Stock Units (2)F5 | $0.00 | May 27, 2018 | M | 12,542 | D | — | — | Common Stock | 12,542 | 12,540 | D |
| Restricted Stock UnitsF6 | $0.00 | May 31, 2018 | M | 3,753 | D | — | — | Common Stock | 3,753 | 2,453 | D |
Explanation of responses
- F1Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock upon the vesting date. The RSUs will vest in three equal annual installments beginning May 30, 2019.
- F2Amount reported includes unvested RSUs.
- F3Award of restricted stock units (RSUs). Each vested RSU entitles the reporting person to receive one share of common stock (the "Career Shares"). The Career Shares vested at time of award due to reportingperson's satisfaction of age and continuous years of service requirement. Vested Career Shares will be released as shares of common stock at the rate of 10% of the shares granted on each of the first tenanniversaries of the reporting person's employment termination date.
- F4Amount reported includes vested, unreleased Career Shares.
- F5Each Restricted Stock Unit (RSU) entitles the reporting person to receive one share of common stock on the vesting date. RSUs vested on May 27, 2018 in the first of two annual installments.
- F6Each Restricted Stock Unit (RSU) entitles the reporting person to receive one share of common stock on the vesting date. RSUs awarded on May 31, 2017 vested on May 31, 2018 in the first of three annual installments.