UNISYS CORP — Director's Dealing 2020

Jul 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2020-07-02

Reporting Person: Hutto Eric (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-02	Common Stock	M	1288	—	Acquired	122590	Direct
2020-07-02	Common Stock	F	506	$10.6	Disposed	122084	Direct
2020-07-02	Common Stock	M	1302	—	Acquired	123386	Direct
2020-07-02	Common Stock	F	512	$10.6	Disposed	122874	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-02	Restricted Stock Units	$	M	1288	Disposed		Common Stock (1288)	Direct
2020-07-02	Restricted Stock Units	$	M	1288	Disposed		Common Stock (1302)	Direct

Footnotes

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 July 3, 2017 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest on July 3, 2018, 2019 and 2020, 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 1.0107 shares of Unisys Corporation common stock.

F4: Performance-based restricted stock units ("PB-RSUs") granted on July 3, 2017 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are eligible to be earned in equal annual amounts over a three year period to the extent Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2017, 2018 and 2019, respectively, and then such PB-RSUs vest on July 3, 2018, 2019 and 2020, respectively. This report only relates to the PB-RSUs the reporting person earned during the 2019 performance period. All shares resulting from such earned PB-RSUs vested on July 2, 2020.