Clifford Skelton - 07 Feb 2022 Form 4 Insider Report for CONDUENT Inc (CNDT)

Role
President and CEO, Director
Signature
/s/ Kevin Ciaglo, attorney-in-fact
Issuer symbol
CNDT
Transactions as of
07 Feb 2022
Transactions value $
$136,168
Form type
4
Filing time
08 Feb 2022, 16:28:09 UTC
Previous filing
04 Jan 2022
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNDT Common Stock Award $281K +60.7K +3.09% $4.63 2.03M 07 Feb 2022 Direct F1
transaction CNDT Common Stock Tax liability -$145K -31.3K -1.54% $4.63 1.99M 07 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance based restricted stock awarded on April 1, 2021 for which the board of directors certified the achievement of certain revenue and Adjusted EBITDA criteria and the time-based vesting requirement was met.
F2 Shares withheld to pay for taxes on Performance Restricted Stock Units that have vested.