Michael M. Thomson - 29 Apr 2022 Form 4/A - Amendment Insider Report for UNISYS CORP (UIS)

Role: President & COO
Signature: Natasha Redding, attorney-in-fact
Issuer symbol: UIS
Transactions as of: 29 Apr 2022
Net transactions value: -$8,000
Form type: 4/A - Amendment
Filing time: 03 May 2022, 16:15:42 UTC
Date Of Original Report: 03 May 2022
Previous filing: 17 Mar 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UIS	Common Stock	Options Exercise	$0	+993	+2.2%	$0.000000	46,289	29 Apr 2022	Direct
transaction	UIS	Common Stock	Tax liability	$4,078	-287	-0.62%	$14.21	46,002	29 Apr 2022	Direct
transaction	UIS	Common Stock	Options Exercise	$0	+955	+2.1%	$0.000000	46,957	29 Apr 2022	Direct
transaction	UIS	Common Stock	Tax liability	$3,922	-276	-0.59%	$14.21	46,681	29 Apr 2022	Direct
holding	UIS	Common Stock						4,994	29 Apr 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	-993	-100%	$0.000000^*	0	29 Apr 2022	Common Stock	993		Direct	F1, F2
transaction	UIS	Restricted Stock Units	Options Exercise	$0	-993	-100%	$0.000000^*	0	29 Apr 2022	Common Stock	955		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 May 1, 2019 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on May 1, 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 May 1, 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 May 1, 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 April 29, 2022.