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UNISYS CORP — Director's Dealing 2022
Feb 17, 2022
33416_dirs_2022-02-17_0ff896be-f1c1-43b9-9be6-b3adb26adcab.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2022-02-15
Reporting Person: Madion Lisa (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-15 | Common Stock | M | 805 | — | Acquired | 7031 | Direct |
| 2022-02-15 | Common Stock | F | 278 | $19.11 | Disposed | 6753 | Direct |
| 2022-02-15 | Common Stock | M | 774 | — | Acquired | 7527 | Direct |
| 2022-02-15 | Common Stock | F | 268 | $19.11 | Disposed | 7259 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-15 | Restricted Stock Units | $ | M | 805 | Disposed | Common Stock (805) | Direct | |
| 2022-02-15 | Restricted Stock Units | $ | M | 805 | Disposed | Common Stock (774) | 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 February 15, 2019 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 12, 2020, 2021 and 2022, 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 0.9611 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 the later of February 15, 2020, 2021 and 2022, 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 15, 2022.