0001127602-22-011163.txt : 20220404
0001127602-22-011163.hdr.sgml : 20220404
20220404162302
ACCESSION NUMBER: 0001127602-22-011163
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220401
FILED AS OF DATE: 20220404
DATE AS OF CHANGE: 20220404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KRAWITZ MICHAEL E
CENTRAL INDEX KEY: 0001195645
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37817
FILM NUMBER: 22802546
MAIL ADDRESS:
STREET 1: 1690 S CONGRESS AVE
STREET 2: STE 201
CITY: DELRAY BEACH
STATE: FL
ZIP: 33445
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CONDUENT Inc
CENTRAL INDEX KEY: 0001677703
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 812983623
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 CAMPUS DRIVE
CITY: FLORHAM PARK
STATE: NJ
ZIP: 07932
BUSINESS PHONE: 844-663-2638
MAIL ADDRESS:
STREET 1: 100 CAMPUS DRIVE
CITY: FLORHAM PARK
STATE: NJ
ZIP: 07932
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2022-04-01
0001677703
CONDUENT Inc
CNDT
0001195645
KRAWITZ MICHAEL E
100 CAMPUS DRIVE
SUITE 200
FLORHAM PARK
NJ
07932
1
EVP, GC & Secretary
Common Stock
2022-04-01
4
A
0
96339
5.19
A
635756
D
Common Stock
2022-04-01
4
A
0
99942
5.19
A
735698
D
Award of restricted stock units (RSU) granted on April 1, 2022 that vest in equal amounts on December 31, 2022, December 31, 2023 and December 31, 2024. Each RSU converts to one share of Conduent Incorporated common stock upon vesting.
Award of performance restricted stock units (PRSUs) that can only be settled in Conduent Incorporated (Company) common stock (Common Stock). PRSUs have two vesting conditions - a share price condition and a service condition. The award vests in three equal tranches. Vested shares are paid out within 60 days following each vesting date. The vesting date for each of the three tranches is the first day upon which both the price condition and service condition for each tranche is satisfied. The first vesting tranche pricing condition is the Common Stock trading during a consecutive 20-trading day period (Average Closing Price) above the grant date price (Share Base Price) by 15% and the service condition is employment with the Company at December 31, 2022. The second vesting tranche pricing condition is the Average Closing Price exceeding the Share Base Price by 30% and the service condition is employment with the Company at December 31, 2023. The third vesting tranche Pricing Conditions is the Average Closing Price exceeding the Share Base Price by 50% and the service condition is employment with the Company at December 31, 2024. If both conditions are not met for any individual vesting tranche by December 31, 2024, the portion of the award related to such tranche is forfeited. Each PRSU converts to one share of Conduent Incorporated common stock upon vesting.
/s/ Kevin Ciaglo, attorney-in-fact
2022-04-04