SEC Form 4 · accession 0001199359-18-000001
UNISYS CORP · UIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Altabef
Officer — President and CEO
Period of report
Feb 9, 2018
Accepted (ET)
Feb 12, 2018 · 8:13 pm EST
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 | Feb 9, 2018 | M | 21,280 | $0.00 | A | 134,837 | D | |
| Common Stock | Feb 9, 2018 | F | 8,373 | $9.90 | D | 126,464 | D | |
| Common Stock | Feb 9, 2018 | M | 41,239 | $0.00 | A | 167,703 | D | |
| Common Stock | Feb 9, 2018 | F | 16,227 | $9.90 | D | 151,476 | D | |
| Common Stock | Feb 9, 2018 | M | 36,249 | $0.00 | A | 187,725 | D | |
| Common Stock | Feb 9, 2018 | F | 14,263 | $9.90 | D | 173,462 | D | |
| Common Stock | Feb 9, 2018 | M | 47,510 | $0.00 | A | 220,972 | D | |
| Common Stock | Feb 9, 2018 | F | 18,695 | $9.90 | D | 202,277 | D | |
| Common Stock | Feb 9, 2018 | M | 47,450 | $0.00 | A | 249,727 | D | |
| Common Stock | Feb 9, 2018 | F | 18,671 | $9.90 | D | 231,056 | 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 | — | Feb 9, 2018 | M | 23,333 | D | — | — | Common Stock | 21,280 | 0 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 9, 2018 | M | 47,510 | D | — | — | Common Stock | 41,239 | 0 | D |
| Restricted Stock UnitsF5,F6 | — | Feb 9, 2018 | M | 36,249 | D | — | — | Common Stock | 36,249 | 72,500 | D |
| Restricted Stock UnitsF5,F7 | — | Feb 9, 2018 | M | 47,510 | D | — | — | Common Stock | 47,510 | 47,509 | D |
| Restricted Stock UnitsF8,F9 | — | Feb 9, 2018 | M | 36,249 | D | — | — | Common Stock | 47,450 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive 0.912 shares of Unisys Corporation common stock.
- F2Performance-based restricted stock units ("PB-RSUs") granted on February 5, 2015 under the 2010 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent that 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 February 5, 2016, 2017 and 2018, respectively (of, if the performance criteria are not determined until a later date, the date of such determination). This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.
- 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 February 11, 2016 under the 2010 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent that 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 February 11, 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 the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.
- F5Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
- F6Time-based restricted stock units granted under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning February 11, 2017.
- F7Time-based restricted stock units granted under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning February 9, 2018.
- F8Each restricted stock unit represents a contingent right to receive 1.309 shares of Unisys Corporation common stock.
- F9Performance-based restricted stock units ("PB-RSUs") granted on February 9, 2017 under the 2016 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent that Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2017, 2018 and 2019, respectively, and then such earned PB-RSUs vest on February 9, 2018, 2019 and 2020, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.