William L. Deckelman Jr - May 31, 2022 Form 4 Insider Report for DXC Technology Co (DXC)

Signature
Zafar A. Hasan, Attorney-in-Fact
Stock symbol
DXC
Transactions as of
May 31, 2022
Transactions value $
-$122,447
Form type
4
Date filed
6/2/2022, 07:00 PM
Previous filing
Jun 1, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXC Common Stock Award $0 +19.4K +12.05% $0.00 181K May 31, 2022 Direct F1, F2
transaction DXC Common Stock Award $0 +8.87K +4.91% $0.00 190K May 31, 2022 Direct F2, F3
transaction DXC Common Stock Tax liability -$122K -3.54K -1.87% $34.57 186K Jun 1, 2022 Direct F2, F4
* 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 May 31, 2023.
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 7,852 RSUs that vested on June 1, 2022 in the first of three equal annual installments.