SEC Form 4 · accession 0000746838-18-000033
UNISYS CORP · UIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Inder M Singh
Officer — Senior Vice President and CFO
Period of report
Aug 31, 2018
Accepted (ET)
Sep 4, 2018 · 8:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746838
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 31, 2018 | M | 1,467 | $0.00 | A | 24,054 | D | |
| Common Stock | Aug 31, 2018 | F | 738 | $18.60 | D | 23,316 | D | |
| Common Stock | Aug 31, 2018 | M | 1,271 | $0.00 | A | 24,587 | D | |
| Common Stock | Aug 31, 2018 | F | 639 | $18.60 | D | 23,948 | 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 UnitsF1,F2 | — | Aug 31, 2018 | M | 1,467 | D | — | — | Common Stock | 1,467 | 1,467 | D |
| Restricted Stock UnitsF3,F4 | — | Aug 31, 2018 | M | 1,467 | D | — | — | Common Stock | 1,271 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
- F2Time-based restricted stock units ("TB-RSUs") granted under the terms of the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal annual installments beginning September 1, 2017.
- F3Each restricted stock unit represents a contingent right to receive 0.868 shares of Unisys Corporation common stock.
- F4Performance-based restricted stock units ("PB-RSUs") granted on September 1, 2016 under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on September 1, 2017, 2018 and 2019, respectively (or if such day does not fall on a trading day, the immediately preceding trading day). This report only relates to PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on August 31, 2018.