Kristen Prohl - Aug 1, 2024 Form 4 Insider Report for UNISYS CORP (UIS)

Signature
/s/ Alex Gonzalez, Attorney-in-Fact
Stock symbol
UIS
Transactions as of
Aug 1, 2024
Transactions value $
-$16,245
Form type
4
Date filed
8/5/2024, 04:33 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Tax liability -$10.8K -2.28K -2.48% $4.75 89.6K Aug 1, 2024 Direct
transaction UIS Common Stock Options Exercise $0 +3.63K +4.05% $0.00 93.3K Aug 1, 2024 Direct
transaction UIS Common Stock Tax liability -$5.41K -1.14K -1.22% $4.75 92.1K Aug 1, 2024 Direct

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 UIS TSR Restricted Stock Units Options Exercise $0 -2.19K -33.33% $0.00 4.37K Aug 1, 2024 Common Stock 3.63K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 TSR-based restricted stock units ("TSR Based-RSUs") granted on August 1, 2023, with a target of 6,555 shares, under the Unisys Corporation 2023 Long-Term Incentive and Equity Compensation Plan. The TSR Based-RSUs are eligible to be earned in equal annual amounts over a three year period based on Unisys Corporation's relative total shareholder return ("rTSR") compared to the Russell 2000 Index (inclusive of dividends and stock splits) from January 1, 2023 through December 31, 2023, 2024 and 2025, respectively, and then such TSR Based-RSUs vest on the later of the respective anniversary date of the grant and the date on which the Compensation Committee certifies the achievement of the goals of the applicable tranche of the TSR Based-RSU grant. The payout ranges from 0 to 200% of target based on the rTSR from a percentile positioning perspective among the constituent companies of the Russell 2000 Index. Amount reported is target TSR Based-RSUs issuable.