William L. Deckelman Jr - Feb 9, 2023 Form 4 Insider Report for DXC Technology Co (DXC)

Signature
Zafar A. Hasan, Attorney-in-Fact
Stock symbol
DXC
Transactions as of
Feb 9, 2023
Transactions value $
-$968,282
Form type
4
Date filed
2/13/2023, 03:57 PM
Previous filing
Nov 14, 2022
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXC Common Stock Options Exercise $788K +33.3K +21.21% $23.63 190K Feb 9, 2023 Direct F1
transaction DXC Common Stock Sale -$968K -33.3K -17.5% $29.05 157K Feb 9, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DXC Options (rights to buy) Options Exercise -$788K -33.3K -100% $23.63 0 Feb 9, 2023 Common Stock 33.3K $27.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount reported includes unvested Restricted Stock Units and vested, unreleased Career Shares.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.98 to $29.145, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Pursuant to the anti-dilution provisions of the registrant's 2017 Omnibus Incentive Plan, the number of Options granted was adjusted in connection with the spin-off of the registrant's United States Public Sector business using a conversion ratio of 0.8649 from 28,828 Options to 33,331 Options.