Claudius Sokenu - 01 Jun 2023 Form 4 Insider Report for UNISYS CORP (UIS)

Signature
Natasha Redding, attorney-in-fact
Issuer symbol
UIS
Transactions as of
01 Jun 2023
Transactions value $
-$7,273
Form type
4
Filing time
05 Jun 2023, 16:44:32 UTC
Previous filing
10 May 2023
Next filing
06 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UIS Common Stock Options Exercise $0 +5.24K $0.00 5.24K 01 Jun 2023 Direct
transaction UIS Common Stock Tax liability -$7.27K -1.89K -36.15% $3.84 3.35K 01 Jun 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UIS Restricted Stock Units Options Exercise $0 -5.24K -33.33% $0.00 10.5K 01 Jun 2023 Common Stock 5.24K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 June 1, 2022, under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on June 1, 2023, 2024, and 2025, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).