Michael M. Thomson - Feb 15, 2022 Form 4 Insider Report for UNISYS CORP (UIS)

Role
SVP and CFO
Signature
Natasha Redding, attorney-in-fact
Stock symbol
UIS
Transactions as of
Feb 15, 2022
Transactions value $
-$26,869
Form type
4
Date filed
2/17/2022, 01:09 PM
Previous filing
Jan 4, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Options Exercise $0 +2.09K +4.63% $0.00 47.3K Feb 15, 2022 Direct
transaction UIS Common Stock Tax liability -$13.7K -717 -1.52% $19.11 46.6K Feb 15, 2022 Direct
transaction UIS Common Stock Options Exercise $0 +2.01K +4.32% $0.00 48.6K Feb 15, 2022 Direct
transaction UIS Common Stock Tax liability -$13.2K -689 -1.42% $19.11 47.9K Feb 15, 2022 Direct
holding UIS Common Stock 4.63K Feb 15, 2022 By USP trust

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 Restricted Stock Units Options Exercise $0 -2.09K -100% $0.00* 0 Feb 15, 2022 Common Stock 2.09K Direct F1, F2
transaction UIS Restricted Stock Units Options Exercise $0 -2.09K -100% $0.00* 0 Feb 15, 2022 Common Stock 2.01K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F2 Time-based restricted stock units ("TB-RSUs") granted on February 15, 2019 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 15, 2020, 2021 and 2022, respectively (or is such date does not fall on a trading day, the immediately preceding trading day).
F3 Each restricted stock unit represents a contingent right to receive 0.9611 shares of Unisys Corporation common stock.
F4 Performance-based restricted stock units ("PB-RSUs") granted on February 15, 2019 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are eligible to be earned in equal annual amounts over a three year period based on Unisys Corporation's relative total shareholder return compared to the Russell 2000 Index from January 1, 2019 through December 31, 2019, 2020 and 2021, respectively, and then such PB-RSUs vest on the later of February 15, 2020, 2021 and 2022, respectively (or is such date does not fall on a trading day, the immediately preceding trading day), and the date on which the Board of Directors verifies the vesting of the applicable tranche of the PB-RSU grant to Unisys Corporation's Chief Executive Officer. This report only relates to the PB-RSUs the reporting person earned during the 2021 performance period. All shares resulting from such earned PB-RSUs vested on February 15, 2022.