SEC Form 4 · accession 0001688568-18-000097
DXC Technology Co · DXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter William James Rutland
Director
Period of report
Aug 20, 2018
Accepted (ET)
Aug 22, 2018 · 7:46 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 StockF1,F2,F3 | Aug 20, 2018 | A | 2,300 | $0.00 | A | 14,759 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock. The RSUs will vest on the earlier of (i) one year from the grant date, or (ii) at the next annual meeting of stockholders. The RSUs will settle on the vesting date or, if the director has elected to defer settlement, on the date or event elected by the director.
- F2Amount reported includes unvested RSUs.
- F3Pursuant to the anti-dilution provisions of the registrant's 2017 Non-Employee Director Incentive Plan, the amount of securities beneficially owned has been adjusted in connection with the spin-off of the registrant's United States Public Sector business. A conversion ratio of 0.8649 was applied to the August 15, 2017 award of 2,300 RSUs (the "2017 Award") that remained unvested at the time of the spin-off. As a result, the reporting person received 359 additional RSUs. The 2017 Award vested in full on August 15, 2018.