Sec Form 3 Filing - Prohl Kristen @ UNISYS CORP - 2023-08-07

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Prohl Kristen
2. Issuer Name and Ticker or Trading Symbol
UNISYS CORP [ UIS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, GC, Secretary & CAO
(Last) (First) (Middle)
C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
08/07/2023
(Street)
BLUE BELL, PA19422
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) $ 0 ( 2 ) ( 2 ) Common Stock 21,848 D
TSR Restricted Stock Units ( 1 ) $ 0 ( 3 ) ( 3 ) Common Stock 6,555 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Prohl Kristen
C/O UNISYS CORPORATION
801 LAKEVIEW DRIVE, SUITE 100
BLUE BELL, PA19422
SVP, GC, Secretary & CAO
Signatures
Natasha Redding, attorney-in-fact 08/16/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
( 2 )Time-based restricted stock units ("TB-RSUs") granted on August 1, 2023, under the Unisys Corporation 2023 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on August 3, 2024, 2025, and 2026 respectively (or if such date does not fall on a trading day, the immediately preceding trading day).
( 3 )TSR-based restricted stock units ("TSR Based-RSUs") granted on August 1, 2023, under the Unisys Corporation 2023 Long-Term Incentive and Equity Compensation Plan. The TSR Based-RSUs are eligible to be earned in equal annual amounts over a three year period based on Unisys Corporation's relative total shareholder return ("rTSR") compared to the Russell 2000 Index (inclusive of dividends and stock splits) from January 1, 2023 through December 31, 2023, 2024 and 2025, respectively, and then such TSR Based-RSUs vest on the later of the respective anniversary date of the grant and the date on which the Compensation Committee certifies the achievement of the goals of the applicable tranche of the TSR Based-RSU grant. The payout ranges from 0 to 200% of target based on the rTSR from a percentile positioning perspective among the constituent companies of the Russell 2000 Index. Amount reported is target TSR Based-RSUs issuable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.