Erin Mannix - Feb 28, 2023 Form 4 Insider Report for UNISYS CORP (UIS)

Role: VP & Chief Accounting Officer
Signature: Natasha Redding, attorney-in-fact
Stock symbol: UIS
Transactions as of: Feb 28, 2023
Transactions value $: -$1,434
Form type: 4
Date filed: 3/2/2023, 06:59 PM
Previous filing: Feb 28, 2023
Next filing: Jun 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UIS	Common Stock	Options Exercise	$0	+232	+5.49%	$0.00	4.46K	Feb 28, 2023	Direct
transaction	UIS	Common Stock	Tax liability	-$388	-78	-1.75%	$4.98	4.38K	Feb 28, 2023	Direct
transaction	UIS	Common Stock	Options Exercise	$0	+622	+14.19%	$0.00	5K	Feb 28, 2023	Direct
transaction	UIS	Common Stock	Tax liability	-$1.05K	-210	-4.2%	$4.98	4.79K	Feb 28, 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	-232	-100%	$0.00^*	0	Feb 28, 2023	Common Stock	232		Direct	F1, F2
transaction	UIS	Restricted Stock Units	Options Exercise	$0	-622	-100%	$0.00^*	0	Feb 28, 2023	Common Stock	622		Direct	F3, F4
transaction	UIS	Restricted Stock Units	Award	$0	+18.4K		$0.00	18.4K	Feb 28, 2023	Common Stock	18.4K		Direct	F5, F6

* 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 0.3728 shares of Unisys Corporation common stock.
F2	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 2022 performance period. All shares resulting from such earned PB-RSUs vested on February 28, 2023.
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 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).
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 28, 2023 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 28, 2024, 2025 and 2026, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).