Sec Form 4 Filing - Madion Lisa @ UNISYS CORP - 2021-02-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
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
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1. Name and Address of Reporting Person
Madion Lisa
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)
Senior Vice President
(Last) (First) (Middle)
801 LAKEVIEW DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
02/12/2021
(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
Common Stock 02/12/2021 M 1,084 A $ 0 10,591 D
Common Stock 02/12/2021 F 367 D $ 26.3 10,224 D
Common Stock 02/12/2021 M 1,503 A $ 0 11,727 D
Common Stock 02/12/2021 F 509 D $ 26.3 11,218 D
Common Stock 02/12/2021 M 805 A $ 0 12,023 D
Common Stock 02/12/2021 F 268 D $ 26.3 11,755 D
Common Stock 02/12/2021 M 776 A $ 0 12,531 D
Common Stock 02/12/2021 F 263 D $ 26.3 12,268 D
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 ) 02/12/2021 M 1,084 ( 2 ) ( 2 ) Common Stock 1,084 $ 0 0 D
Restricted Stock Units ( 3 ) 02/12/2021 M 1,084 ( 4 ) ( 4 ) Common Stock 1,503 $ 0 0 D
Restricted Stock Units ( 5 ) 02/12/2021 M 805 ( 6 ) ( 6 ) Common Stock 805 $ 0 805 D
Restricted Stock Units ( 7 ) 02/12/2021 M 805 ( 8 ) ( 8 ) Common Stock 776 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Madion Lisa
801 LAKEVIEW DRIVE
SUITE 100
BLUE BELL, PA19422
Senior Vice President
Signatures
John M. Armbruster, attorney-in-fact 02/17/2021
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 February 12, 2018 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest in three equal installments on February 12, 2019, 2020 and 2021, respectively (or is such date does not fall on a trading day, the immediately preceding trading day).
( 3 )Each restricted stock unit represents a contingent right to receive 1.3858 shares of Unisys Corporation common stock.
( 4 )Performance-based restricted stock units ("PB-RSUs") granted on February 12, 2018 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, 2018 through December 31, 2018, 2019 and 2020, respectively, and then such PB-RSUs vest on the later of February 12, 2019, 2020 and 2021, 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 2020 performance period. All shares resulting from such earned PB-RSUs vested on February 12, 2021.
( 5 )Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
( 6 )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 15, 2020, 2021 and 2022, respectively (or if such date does not fall on a trading day, the immediately preceding trading day).
( 7 )Each restricted stock unit represents a contingent right to receive 0.9632 shares of Unisys Corporation common stock.
( 8 )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 2020 performance period. All shares resulting from such earned PB-RSUs vested on February 12, 2021.

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