UNISYS CORP 4
4 · UNISYS CORP · Filed Feb 7, 2017
Insider Transaction Report
Form 4
UNISYS CORPUIS
BATTERSBY SCOTT A
Vice President and Treasurer
Transactions
- Award
Restricted Stock Units
2017-02-03+627→ 627 total→ Common Stock (774 underlying) - Award
Restricted Stock Units
2017-02-03+1,001→ 1,628 total→ Common Stock (960 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive 1.234 shares of Unisys Corporation common stock.
- [F2]Performance-based restricted stock units ("PB-RSUs") granted on February 5, 2015 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 2015, 2016 and 2017, respectively, and then such earned PB-RSUs vest on February 5, 2016, 2017 and 2018, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2016 performance goal. All shares resulting from such earned PB-RSUs vested on February 5, 2017.
- [F3]Each restricted stock unit represents a contingent right to receive 0.959 shares of Unisys Corporation common stock.
- [F4]Performance-based restricted stock units ("PB-RSUs") granted on February 11, 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 2015, 2016 and 2017, respectively, and then such earned PB- RSUs vest on February 11, 2017, 2018 and 2019. This report only relates to the PB-RSUs the reporting person earned based on the 2016 performance goal. All shares resulting from such earned PB-RSUs vest on February 11, 2017.