PETER ALTABEF - 24 Feb 2023 Form 4 Insider Report for UNISYS CORP (UIS)

Signature
Natasha Redding, attorney-in-fact
Issuer symbol
UIS
Transactions as of
24 Feb 2023
Net transactions value
-$60,913
Form type
4
Filing time
28 Feb 2023, 09:42:58 UTC
Previous filing
04 Jan 2023
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Options Exercise $0 +21,860 +2.5% $0.000000 896,838 24 Feb 2023 Direct
transaction UIS Common Stock Tax liability $27,674 -5,322 -0.59% $5.20 891,516 24 Feb 2023 Direct
transaction UIS Common Stock Options Exercise $0 +26,140 +2.9% $0.000000 917,656 24 Feb 2023 Direct
transaction UIS Common Stock Tax liability $33,238 -6,392 -0.7% $5.20 911,264 24 Feb 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 -21,860 -50% $0.000000 21,861 24 Feb 2023 Common Stock 21,860 Direct F1, F2
transaction UIS Restricted Stock Units Options Exercise $0 -26,140 -33% $0.000000 52,280 24 Feb 2023 Common Stock 26,140 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).