Teresa Poggenpohl - 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 $: -$13,405
Form type: 4
Date filed: 5/5/2022, 10:27 AM
Previous filing: Mar 1, 2022
Next filing: Feb 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UIS	Common Stock	Options Exercise	$0	+1.78K		$0.00	1.78K	May 3, 2022	Direct
transaction	UIS	Common Stock	Tax liability	-$7.05K	-521	-29.25%	$13.54	1.26K	May 3, 2022	Direct
transaction	UIS	Common Stock	Options Exercise	$0	+1.6K	+127.22%	$0.00	2.86K	May 3, 2022	Direct
transaction	UIS	Common Stock	Tax liability	-$6.35K	-469	-16.38%	$13.54	2.39K	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	-1.78K	-33.32%	$0.00	3.56K	May 3, 2022	Common Stock	1.78K		Direct	F1, F2
transaction	UIS	Restricted Stock Units	Options Exercise	$0	-1.78K	-100%	$0.00^*	0	May 3, 2022	Common Stock	1.6K		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.