UNISYS CORP — Director's Dealing 2020

May 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2020-05-01

Reporting Person: Thomson Michael M (Senior Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	M	993	—	Acquired	25051	Direct
2020-05-01	Common Stock	F	287	$11.87	Disposed	24764	Direct
2020-05-01	Common Stock	M	491	—	Acquired	25255	Direct
2020-05-01	Common Stock	F	142	$11.87	Disposed	25113	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-01	Restricted Stock Unit	$	M	993	Disposed		Common Stock (993)	Direct
2020-05-01	Restricted Stock Units	$	M	993	Disposed		Common Stock (491)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4084.286	Indirect

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 May 1, 2019 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest on May 1, 2020, 2021 and 2022, 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 0.4937 shares of Unisys Corporation common stock.

F4: Performance-based restricted stock units ("PB-RSUs") granted on May 1, 2019 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 based on Unisys Corporation's relative total shareholder return compared to the Russell 2000 Index from January 1, 2019 through December 31, 2019, 2020 and 2021, respectively, and then such PB-RSUs vest on May 1, 2020, 2021 and 2022, 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 May 1, 2020.