William L. Deckelman Jr. - 01 Jun 2021 Form 4 Insider Report for DXC Technology Co (DXC)

Signature
Zafar A. Hasan, Attorney-in-Fact
Issuer symbol
DXC
Transactions as of
01 Jun 2021
Net transactions value
-$723,400
Form type
4
Filing time
03 Jun 2021, 18:31:45 UTC
Previous filing
02 Jun 2021
Next filing
11 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXC Common Stock Award $0 +23,555 +15% $0.000000 178,938 01 Jun 2021 Direct F1, F2
transaction DXC Common Stock Award $0 +11,177 +6.2% $0.000000 190,115 01 Jun 2021 Direct F2, F3
transaction DXC Common Stock Tax liability $192,959 -4,890 -2.6% $39.46 185,225 02 Jun 2021 Direct F2, F4
transaction DXC Common Stock Sale $530,440 -13,636 -7.4% $38.90 171,589 02 Jun 2021 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 1, 2022.
F2 Amount reported includes unvested RSUs and vested, unreleased Career Shares.
F3 Award of RSUs. Each vested RSU entitles the reporting person to receive one share of common stock (the "Career Shares"). The Career Shares vested at the time of the award due to the reporting person's satisfaction of age and continuous years of service requirement. Vested Career Shares will be released as shares of common stock at the rate of 10% of the shares granted on each of the first ten anniversaries of the reporting person's employment termination date.
F4 Shares withheld to satisfy tax liabilities arising from 16,245 RSUs awarded on June 2, 2020 that vested on June 2, 2021 in the first of three equal annual installments.
F5 Common stock dispositions made pursuant to a 10b5-1 Plan.