Kristen Prohl - Aug 7, 2023 Form 3 Insider Report for UNISYS CORP (UIS)

Role
SVP, GC, Secretary & CAO
Signature
Natasha Redding, attorney-in-fact
Stock symbol
UIS
Transactions as of
Aug 7, 2023
Transactions value $
$0
Form type
3
Date filed
8/16/2023, 05:08 PM
Next filing
Feb 14, 2024

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 Aug 7, 2023 Common Stock 21.8K $0.00 Direct F1, F2
holding UIS TSR Restricted Stock Units Aug 7, 2023 Common Stock 6.56K $0.00 Direct F1, F3
* 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 August 1, 2023, under the Unisys Corporation 2023 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on August 3, 2024, 2025, and 2026 respectively (or if such date does not fall on a trading day, the immediately preceding trading day).
F3 TSR-based restricted stock units ("TSR Based-RSUs") granted on August 1, 2023, under the Unisys Corporation 2023 Long-Term Incentive and Equity Compensation Plan. The TSR Based-RSUs are eligible to be earned in equal annual amounts over a three year period based on Unisys Corporation's relative total shareholder return ("rTSR") compared to the Russell 2000 Index (inclusive of dividends and stock splits) from January 1, 2023 through December 31, 2023, 2024 and 2025, respectively, and then such TSR Based-RSUs vest on the later of the respective anniversary date of the grant and the date on which the Compensation Committee certifies the achievement of the goals of the applicable tranche of the TSR Based-RSU grant. The payout ranges from 0 to 200% of target based on the rTSR from a percentile positioning perspective among the constituent companies of the Russell 2000 Index. Amount reported is target TSR Based-RSUs issuable.