Dwayne Allen - May 3, 2022 Form 4 Insider Report for UNISYS CORP (UIS)

Role
Senior Vice President
Signature
Natasha Redding, attorney-in-fact
Stock symbol
UIS
Transactions as of
May 3, 2022
Transactions value $
-$8,354
Form type
4
Date filed
5/5/2022, 09:45 AM
Previous filing
Mar 1, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Options Exercise $0 +1.34K $0.00 1.34K May 3, 2022 Direct
transaction UIS Common Stock Tax liability -$4.4K -325 -24.33% $13.54 1.01K May 3, 2022 Direct
transaction UIS Common Stock Options Exercise $0 +1.2K +118.99% $0.00 2.21K May 3, 2022 Direct
transaction UIS Common Stock Tax liability -$3.95K -292 -13.19% $13.54 1.92K May 3, 2022 Direct

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 -1.34K -33.32% $0.00 2.67K May 3, 2022 Common Stock 1.34K Direct F1, F2
transaction UIS Restricted Stock Units Options Exercise $0 -1.34K -100% $0.00* 0 May 3, 2022 Common Stock 1.2K 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 3, 2021 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on May 3, 2022, 2023 and 2024, 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 0.9000 shares of Unisys Corporation common stock.
F4 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 vest on the later of May 3, 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 May 3, 2022.