4//SEC Filing
Sokenu Claudius 4
Accession 0001927070-22-000002
CIK 0000746838other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:55 PM ET
Size
11.4 KB
Accession
0001927070-22-000002
Insider Transaction Report
Form 4
UNISYS CORPUIS
Sokenu Claudius
SVP, Gen. Counsel & Secretary
Transactions
- Award
Restricted Stock Units
2022-06-01+9,577→ 9,577 total→ Common Stock (9,577 underlying) - Award
Restricted Stock Units
2022-06-01+15,721→ 15,721 total→ Common Stock (15,721 underlying) - Award
Restricted Stock Units
2022-06-01+19,154→ 19,154 total→ Common Stock (19,154 underlying)
Footnotes (6)
- [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).
- [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 June 1, 2022 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The TB-RSUs vest on June 1, 2025.
- [F5]Each restricted stock unit represents a contingent right to receive up to one share of Unisys Corporation common stock.
- [F6]Performance-based restricted stock units ("PB-RSUs") granted on June 1, 2022 under the Unisys Corporation 2019 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs vest at a conversion rate of between 0.5 shares to 1 share of Unisys Corporation common stock for each PB-RSU if the 20-trading day trailing average of the closing price of Unisys Corporation's common stock over any 20 consecutive trading days during the period from the grant date through June 1, 2025 is 10% to 20% higher (with the conversion rate determined by linear interpolation for increases between such range) than the average closing price of the common stock over the 20 consecutive trading day period up to and including the grant date. If this test is not met at least at the 10% level, then the PB-RSUs will not vest at all. If this test is met at greater than the 20% level, then the PB-RSUs will vest at the rate of 1 share of common stock for each PB-RSU.
Documents
Issuer
UNISYS CORP
CIK 0000746838
Entity typeother
Related Parties
1- filerCIK 0001926784
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:55 PM ET
- Size
- 11.4 KB