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UNISYS CORP — Director's Dealing 2021
May 19, 2021
33416_dirs_2021-05-19_bf4d06a7-3c81-460c-a70f-402c6a39d977.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2021-05-17
Reporting Person: Poggenpohl Teresa (Senior Vice President)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0 | Common Stock (5345) | Direct | ||
| Restricted Stock Units | $0 | Common Stock (4478) | Direct | ||
| Restricted Stock Units | $0 | Common Stock (8955) | 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 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.