Peter Altabef - Feb 24, 2023 Form 4 Insider Report for UNISYS CORP (UIS)

Role
CEO, Director
Signature
Natasha Redding, attorney-in-fact
Stock symbol
UIS
Transactions as of
Feb 24, 2023
Transactions value $
-$60,913
Form type
4
Date filed
2/28/2023, 09:42 AM
Previous filing
Jan 4, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Options Exercise $0 +21.9K +2.5% $0.00 897K Feb 24, 2023 Direct
transaction UIS Common Stock Tax liability -$27.7K -5.32K -0.59% $5.20 892K Feb 24, 2023 Direct
transaction UIS Common Stock Options Exercise $0 +26.1K +2.93% $0.00 918K Feb 24, 2023 Direct
transaction UIS Common Stock Tax liability -$33.2K -6.39K -0.7% $5.20 911K Feb 24, 2023 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 -21.9K -50% $0.00 21.9K Feb 24, 2023 Common Stock 21.9K Direct F1, F2
transaction UIS Restricted Stock Units Options Exercise $0 -26.1K -33.33% $0.00 52.3K Feb 24, 2023 Common Stock 26.1K 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 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 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 one share of Unisys Corporation common stock.
F4 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).