Smith James R 4
4 · DXC Technology Co · Filed Jun 4, 2020
Insider Transaction Report
Form 4
Smith James R
EVP, Digital Transformation
Transactions
- Award
Common Stock
2020-06-02+63,353→ 165,540 total - Award
Common Stock
2020-06-02+10,559→ 176,099 total
Footnotes (3)
- [F1]Award of restricted stock units (RSUs). Each RSU entitles the reporting person to receive one share of common stock upon the vesting date. The RSUs will vest in three equal annual installments beginning June 2, 2021.
- [F2]Amount reported includes unvested RSUs and unvested Career Shares.
- [F3]Award of RSUs. Each vested RSU entitles the reporting person to receive one share of common stock upon the vesting date (the "Career Shares"). The Career Shares will vest in accordance with the following schedule based on the reporting person's satisfaction of age and continuous years of service requirements: 8,447 Career Shares will vest on January 28, 2022; 1,056 Career Shares will vest on May 13, 2022; and 1,056 Career Shares will vest on May 13, 2023. Vested Career Shares will be released as shares of common stock at the rate of 10% of the shares vested on each of the first ten anniversaries of the reporting person's employment termination date.