Michael M. Thomson - Feb 25, 2022 Form 4 Insider Report for UNISYS CORP (UIS)

Role
Executive VP and CFO
Signature
Natasha Redding, attorney-in-fact
Stock symbol
UIS
Transactions as of
Feb 25, 2022
Transactions value $
-$156,627
Form type
4
Date filed
3/1/2022, 05:32 PM
Previous filing
Feb 24, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Options Exercise $0 +6.22K +16.43% $0.00 44.1K Feb 28, 2022 Direct
transaction UIS Common Stock Tax liability -$38.5K -1.8K -4.09% $21.37 42.3K Feb 28, 2022 Direct
transaction UIS Common Stock Options Exercise $0 +7.75K +18.32% $0.00 50K Feb 28, 2022 Direct
transaction UIS Common Stock Tax liability -$48K -2.25K -4.49% $21.37 47.8K Feb 28, 2022 Direct
transaction UIS Common Stock Options Exercise $0 +5.66K +11.84% $0.00 53.5K Feb 25, 2022 Direct
transaction UIS Common Stock Tax liability -$35.7K -1.64K -3.07% $21.77* 51.8K Feb 25, 2022 Direct
transaction UIS Common Stock Options Exercise $0 +5.09K +9.83% $0.00 56.9K Feb 25, 2022 Direct
transaction UIS Common Stock Tax liability -$34.4K -1.58K -2.78% $21.77* 55.3K Feb 25, 2022 Direct
holding UIS Common Stock 4.7K Feb 25, 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 -6.22K -50% $0.00 6.23K Feb 28, 2022 Common Stock 6.22K Direct F1, F2
transaction UIS Restricted Stock Units Options Exercise $0 -6.22K -100% $0.00* 0 Feb 28, 2022 Common Stock 7.75K Direct F3, F4
transaction UIS Restricted Stock Units Options Exercise $0 -5.66K -33.33% $0.00 11.3K Feb 25, 2022 Common Stock 5.66K Direct F5, F6
transaction UIS Restricted Stock Units Options Exercise $0 -5.66K -100% $0.00* 0 Feb 25, 2022 Common Stock 5.09K Direct F7, F8
transaction UIS Restricted Stock Units Award $0 +22.4K $0.00 22.4K Feb 25, 2022 Common Stock 22.4K Direct F9, F10
* 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 28, 2020 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 28, 2021, 2022 and 2023, 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 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 vest on the later of February 28, 2021, 2022 and 2023, 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 28, 2022.
F5 Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F6 Time-based restricted stock units ("TB-RSUs") granted on February 26, 2021 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 26, 2022, 2023 and 2024, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).
F7 Each restricted stock unit represents a contingent right to receive 0.9000 shares of Unisys Corporation common stock.
F8 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 vest on the later of February 26, 2022, 2023 and 2024, 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 26, 2022.
F9 Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F10 Time-based restricted stock units ("TB-RSUs") granted on February 25, 2022 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 25, 2023, 2024 and 2025, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).