SEC Form 4 · accession 0001643526-18-000005
UNISYS CORP · UIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ann S Ruckstuhl
Officer — Senior Vice President
Period of report
Feb 9, 2018
Accepted (ET)
Feb 12, 2018 · 9:27 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 | 3,546 | $0.00 | A | 6,604 | D | |
| Common Stock | Feb 9, 2018 | F | 1,194 | $9.90 | D | 5,410 | D | |
| Common Stock | Feb 9, 2018 | M | 4,642 | $0.00 | A | 10,052 | D | |
| Common Stock | Feb 9, 2018 | F | 1,665 | $9.90 | D | 8,387 | 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 | 3,546 | A | — | — | Common Stock | 3,546 | 7,093 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 9, 2018 | M | 3,546 | A | — | — | Common Stock | 4,642 | 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 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.
- F3Each restricted stock unit represents a contingent right to receive 1.309 shares of Unisys Corporation common stock.
- F4Performance-based restricted stock units )"PB-RSUs") granted on February 9, 2017 under the Unisys Corporation 2016 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 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.