Michael Krawitz - 07 Feb 2022 Form 4 Insider Report for CONDUENT Inc (CNDT)

Signature
/s/ Kevin Ciaglo, attorney-in-fact
Issuer symbol
CNDT
Transactions as of
07 Feb 2022
Net transactions value
+$28,581
Form type
4
Filing time
08 Feb 2022, 15:23:55 UTC
Next filing
04 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNDT Common Stock Award $51,638 +11,153 +2.1% $4.63 544,397 07 Feb 2022 Direct F1
transaction CNDT Common Stock Tax liability $23,057 -4,980 -0.91% $4.63 539,417 07 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance based restricted stock awarded on April 1, 2021 for which the board of directors certified the achievement of certain revenue and Adjusted EBITDA criteria and the time-based vesting requirement was met
F2 Shares withheld to pay for taxes on Performance Restricted Stock Units that have vested.