4//SEC Filing
Mason Joanne 4
Accession 0001688568-18-000139
CIK 0001688568other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 7:31 PM ET
Size
18.8 KB
Accession
0001688568-18-000139
Insider Transaction Report
Form 4
Mason Joanne
EVP & Chief HR Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-12-15−32,702→ 80,799 totalExercise: $0.00→ Common Stock (32,702 underlying) - Exercise/Conversion
Common Stock
2018-12-15+32,702→ 78,779 total - Exercise/Conversion
Restricted Stock Units
2018-12-15−32,702→ 48,097 totalExercise: $0.00→ Common Stock (32,702 underlying) - Exercise/Conversion
Restricted Stock Units
2018-12-15−32,703→ 15,394 totalExercise: $0.00→ Common Stock (32,703 underlying) - Exercise/Conversion
Common Stock
2018-12-15+32,703→ 144,184 total - Award
Common Stock
2018-05-23+4,111→ 46,077 total - Exercise/Conversion
Common Stock
2018-12-15+32,702→ 111,481 total - Tax Payment
Common Stock
2018-12-15$56.76/sh−46,111$2,617,260→ 98,073 total
Footnotes (6)
- [F1]Represents 25% of the target number of performance-vesting restricted stock units ("PSUs") awarded on May 31, 2017, that have been earned due to the Company's early achievement of the applicable fiscal year 2018 performance goals (the "Earned PSUs"). The Earned PSUs will vest and settle as soon as practicable after the date upon which the Company files with the U.S. Securities and Exchange Commission the Company's Annual Report on Form 10-K for fiscal year 2020 and calculates the applicable performance results, but in no event later than December 31, 2020, subject to the reporting person's continued employment. Pursuant to the anti-dilution provisions of the registrant's 2017 Omnibus Incentive Plan, the amount of Earned PSUs has been adjusted in connection with the spin-off of the registrant's United States Public Sector business using a conversion ratio of 0.8649 (the "USPS Spin-Off Conversion Ratio").
- [F2]Amount reported includes unvested Restricted Stock Units ("RSUs").
- [F3]Shares withheld to satisfy tax liabilities arising from RSUs that settled on December 15, 2018.
- [F4]Each RSU entitles the reporting person to receive one share of common stock on the settlement date. One-third of the December 2015 performance-vesting RSUs of Computer Sciences Corporation had already vested on December 15, 2016 and were converted into vested RSUs of the Company on April 1, 2017 and settled on December 15, 2018. The amount of RSUs has been adjusted by applying the USPS Spin-Off Conversion Ratio.
- [F5]Each RSU entitles the reporting person to receive one share of common stock on the settlement date. One-third of the December 2015 performance-vesting RSUs of Computer Sciences Corporation were converted into time-vesting RSUs of the Company on April 1, 2017, vested on December 15, 2017 and settled on December 15, 2018. The amount of RSUs has been adjusted by applying the USPS Spin-Off Conversion Ratio.
- [F6]Each RSU entitles the reporting person to receive one share of common stock on the settlement date. The remaining one-third of the December 2015 performance-vesting RSUs of Computer Sciences Corporation were converted into time-vesting RSUs of the Company on April 1, 2017 and vested and settled on December 15, 2018. The amount of RSUs has been adjusted by applying the USPS Spin-Off Conversion Ratio.
Documents
Issuer
DXC Technology Co
CIK 0001688568
Entity typeother
Related Parties
1- filerCIK 0001702900
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 7:31 PM ET
- Size
- 18.8 KB