SEC Form 4 · accession 0001127602-16-039340
UNISYS CORP · UIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sadany Tarek El
Officer — Senior Vice President
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746838
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,F2 | — | Feb 1, 2016 | A | 3,334 | A | — | — | Common Stock | 3,575 | 3,334 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive 1.072 shares of Unisys Corporation common stock.
- F2Performance-based restricted stock units ("PB-RSUs") granted on June 2, 2015 under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. 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 2015, 2016 and 2017, respectively, and then such earned PB-RSUs vest on June 2, 2016, 2017 and 2018, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2015 performance goal.