FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
DXC Technology Co [ DXC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/31/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 04/11/2017 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 03/31/2017(1) | A | 34(1)(2) | A | $0(1) | 34 | D | |||
Common Stock | 03/31/2017 | A | 86(1) | A | $0(1) | 86 | I | By Michael Nefkens Trust |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options (rights to buy) | $60.78 | 03/31/2017 | A | 143,120(3) | 03/31/2017(3) | 12/09/2022(3) | Common Stock | 143,120 | $0 | 143,120 | D | ||||
Options (rights to buy) | $42.39(4) | 03/31/2017 | A | 147,607(3) | 03/31/2017(3) | 11/01/2023(3) | Common Stock | 147,607 | $0 | 147,607 | D | ||||
Options (rights to buy) | $43.44(4) | 03/31/2017 | A | 70,680(3) | 03/31/2017(3) | 12/08/2023(3) | Common Stock | 70,680 | $0 | 70,680 | D |
Explanation of Responses: |
1. Hewlett-Packard Enterprise Company ("HPE") stockholders of record on March 20, 2017 ("Record Date") received 0.085904 of a share of common stock of DXC Technology Company (the "Company") for every one share of HPE common stock held on the Record Date with cash paid in lieu of fractional shares (the "Distribution"). This Form 4 amendment revises the date of the earliest transaction to reflect the acquisition of securities at the time of the Distribution. |
2. This Form 4 is being amended to correct the number of shares issued in the Distribution. |
3. All options were acquired at the time of the Distribution by the conversion of each option to purchase one share of common stock of HPE into an option to purchase the number of shares of common stock of the Company equal to the number of shares underlying the option (rounded down to the nearest whole number of shares) multiplied by .341893 at an exercise price equal to the exercise price (rounded up to the nearest whole cent) divided by .341893 and vested early on March 31, 2017 upon the time of the Distribution. |
4. This Form 4 is being amended to correct a typographical error in the exercise price of the options. |
Remarks: |
William L. Deckelman, Jr., Attorney-In-Fact | 06/16/2017 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |