UNISYS CORP — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2020-02-20

Reporting Person: Hutto Eric (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	M	14151	—	Acquired	118470	Direct
2020-02-20	Common Stock	F	3445	$17.85	Disposed	115025	Direct
2020-02-20	Common Stock	M	4373	—	Acquired	119398	Direct
2020-02-20	Common Stock	F	1720	$17.85	Disposed	117678	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-20	Restricted Stock Units	$	M	10830	Disposed		Common Stock (14151)	Direct
2020-02-20	Restricted Stock Units	$	M	8856	Disposed		Common Stock (4373)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive 1.3066 shares of Unisys Corporation common stock.

F2: Performance-based restricted stock units ("PB-RSUs") granted on February 12, 2018 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, 2018 through December 31, 2018, 2019 and 2020, respectively, and then such PB-RSUs vest on February 12, 2019, 2020 and 2021, 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 February 12, 2020.

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 February 15, 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 February 15, 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 February 15, 2020.