Gerald P. Kenney - Jan 1, 2022 Form 4 Insider Report for UNISYS CORP (UIS)

Role: SVP, Gen. Counsel & Secretary
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, 08:48 PM
Previous filing: Nov 9, 2021
Next filing: Feb 17, 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	+3.62K		$0.00^*	0	Jan 1, 2022	Common Stock	3.48K		Direct	F1, F2
transaction	UIS	Restricted Stock Units	Award	$0	+3.42K		$0.00^*	0	Jan 1, 2022	Common Stock	4.26K		Direct	F3, F4
transaction	UIS	Restricted Stock Units	Award	$0	+2.49K		$0.00^*	0	Jan 1, 2022	Common Stock	2.24K		Direct	F5, F6

* 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 0.9611 shares of Unisys Corporation common stock.
F2	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 would vest on February 15, 2020, 2021 and 2022, respectively (or if such date does not fall on a trading day, the immediately preceding trading day). 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 February 15, 2022.
F3	Each restricted stock unit represents a contingent right to receive 1.2448 shares of Unisys Corporation common stock.
F4	Performance-based restricted stock units ("PB-RSUs") granted on February 28, 2020 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, 2020 through December 31, 2020, 2021 and 2022, respectively, and then such PB-RSUs would vest on February 28, 2021, 2022 and 2023, 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 February 28, 2022.
F5	Each restricted stock unit represents a contingent right to receive 0.9000 shares of Unisys Corporation common stock.
F6	Performance-based restricted stock units ("PB-RSUs") granted on February 26, 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 February 26, 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 February 26, 2022.