Teresa Poggenpohl - May 17, 2021 Form 3 Insider Report for UNISYS CORP (UIS)

Role: Senior Vice President
Signature: Natasha Redding, attorney-in-fact
Stock symbol: UIS
Transactions as of: May 17, 2021
Transactions value $: $0
Form type: 3
Date filed: 5/19/2021, 02:00 PM
Next filing: Jan 4, 2022

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
holding	UIS	Restricted Stock Units							May 17, 2021	Common Stock	5.35K	$0.00	Direct	F1, F2
holding	UIS	Restricted Stock Units							May 17, 2021	Common Stock	4.48K	$0.00	Direct	F3, F4
holding	UIS	Restricted Stock Units							May 17, 2021	Common Stock	8.96K	$0.00	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 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 if 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 May 3, 2021 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest on May 3, 2024.
F5	Each restricted stock unit represents a contingent right to receive up to one share of Unisys Corporation common stock.
F6	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 vest at a conversion rate of between 0.5 shares to 1 share of Unisys Corporation common stock for each PB-RSU if the 20-trading day trailing average of the closing price of Unisys Corporation's common stock over any 20 consecutive trading days during the period from the grant date through May 3, 2024 is 10% to 20% higher (with the conversion rate determined by linear interpolation for increases between such range) than the average closing price of the common stock over the 20 consecutive trading day period up to and including the grant date. If this test is not met at least at the 10% level, then the PB-RSUs will not vest at all. If this test is met at greater than the 20% level, then the PB-RSUs will vest at the rate of 1 share of common stock for each PB-RSU.