UNISYS CORP — Director's Dealing 2022

Mar 1, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2022-02-25

Reporting Person: Thomson Michael M (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-28	Common Stock	M	6224	—	Acquired	44096	Direct
2022-02-28	Common Stock	F	1803	$21.37	Disposed	42293	Direct
2022-02-28	Common Stock	M	7748	—	Acquired	50041	Direct
2022-02-28	Common Stock	F	2245	$21.37	Disposed	47796	Direct
2022-02-25	Common Stock	M	5657	—	Acquired	53453	Direct
2022-02-25	Common Stock	F	1639	$21.77	Disposed	51814	Direct
2022-02-25	Common Stock	M	5092	—	Acquired	56906	Direct
2022-02-25	Common Stock	F	1582	$21.77	Disposed	55324	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-28	Restricted Stock Units	$	M	6224	Disposed		Common Stock (6224)	Direct
2022-02-28	Restricted Stock Units	$	M	6224	Disposed		Common Stock (7748)	Direct
2022-02-25	Restricted Stock Units	$	M	5657	Disposed		Common Stock (5657)	Direct
2022-02-25	Restricted Stock Units	$	M	5657	Disposed		Common Stock (5092)	Direct
2022-02-25	Restricted Stock Units	$	A	22404	Acquired		Common Stock (22404)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4697.24	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 February 28, 2020 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 28, 2021, 2022 and 2023, respectively (or is 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 1.2448 shares of Unisys Corporation common stock.

F4: Performance-based restricted stock units ("PB-RSUs") granted on February 28, 2020 under the Unisys Corporation 2019 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, 2020 through December 31, 2020, 2021 and 2022, respectively, and then such PB-RSUs vest on the later of February 28, 2021, 2022 and 2023, respectively (or is such date does not fall on a trading day, the immediately preceding trading day), and the date on which the Board of Directors verifies the vesting of the applicable tranche of the PB-RSU grant to Unisys Corporation's Chief Executive Officer. This report only relates to the PB-RSUs the reporting person earned during the 2021 performance period. All shares resulting from such earned PB-RSUs vested on February 28, 2022.

F5: Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.

F6: Time-based restricted stock units ("TB-RSUs") granted on February 26, 2021 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 26, 2022, 2023 and 2024, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).

F7: Each restricted stock unit represents a contingent right to receive 0.9000 shares of Unisys Corporation common stock.

F8: Performance-based restricted stock units ("PB-RSUs") granted on February 26, 2021 under the Unisys Corporation 2019 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, 2021 through December 31, 2021, 2022 and 2023, respectively, and then such PB-RSUs vest on the later of February 26, 2022, 2023 and 2024, respectively (or is such date does not fall on a trading day, the immediately preceding trading day), and the date on which the Board of Directors verifies the vesting of the applicable tranche of the PB-RSU grant to Unisys Corporation's Chief Executive Officer. This report only relates to the PB-RSUs the reporting person earned during the 2021 performance period. All shares resulting from such earned PB-RSUs vested on February 26, 2022.

F9: Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.

F10: Time-based restricted stock units ("TB-RSUs") granted on February 25, 2022 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 25, 2023, 2024 and 2025, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).