UNISYS CORP — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNISYS CORP (UIS)
CIK: 0000746838
Period of Report: 2023-02-28

Reporting Person: Ebrahimi Katie (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common Stock	M	1161	—	Acquired	58754	Direct
2023-02-28	Common Stock	F	272	$4.98	Disposed	58482	Direct
2023-02-28	Common Stock	M	3113	—	Acquired	61595	Direct
2023-02-28	Common Stock	F	729	$4.98	Disposed	60866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-28	Restricted Stock Units	$	M	1161	Disposed		Common Stock (1161)	Direct
2023-02-28	Restricted Stock Units	$	M	3113	Disposed		Common Stock (3113)	Direct
2023-02-28	Restricted Stock Units	$	A	33467	Acquired		Common Stock (33467)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive 0.3728 shares of Unisys Corporation common stock.

F2: 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 2022 performance period. All shares resulting from such earned PB-RSUs vested on February 28, 2023.

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 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).

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 28, 2023 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 28, 2024, 2025 and 2026, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).