Dwayne Allen - Jan 1, 2022 Form 4 Insider Report for UNISYS CORP (UIS)

Role: Senior Vice President
Signature: N. Natasha Redding, attorney-in-fact
Stock symbol: UIS
Transactions as of: Jan 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 08:19 PM
Next filing: Mar 1, 2022

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	Award	$0	+1.34K		$0.00^*	0	Jan 1, 2022	Common Stock	1.2K		Direct	F1, F2

* 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 0.9000 shares of Unisys Corporation common stock.
F2	Performance-based restricted stock units ("PB-RSUs") granted on May 3, 2021 under the Unisys Corporation 2019 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, 2021 through December 31, 2021, 2022 and 2023, respectively, and then such PB-RSUs would vest on May 3, 2022, 2023 and 2024, respectively. 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 will vest on May 3, 2022.

Content

Each restricted stock unit represents a contingent right to receive 0.9000 shares of Unisys Corporation common stock.

Performance-based restricted stock units ("PB-RSUs") granted on May 3, 2021 under the Unisys Corporation 2019 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, 2021 through December 31, 2021, 2022 and 2023, respectively, and then such PB-RSUs would vest on May 3, 2022, 2023 and 2024, respectively. 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 will vest on May 3, 2022.