GUPTA VISHAL 4
4 · UNISYS CORP · Filed Feb 24, 2020
Insider Transaction Report
Form 4
UNISYS CORPUIS
GUPTA VISHAL
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2020-02-20+2,386→ 16,146 total - Exercise/Conversion
Restricted Stock Units
2020-02-20−4,831→ 0 total→ Common Stock (2,386 underlying) - Tax Payment
Common Stock
2020-02-20$17.85/sh−696$12,424→ 15,450 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive 0.4937 shares of Unisys Corporation common stock.
- [F2]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 February 15, 2020, 2021 and 2022, respectively. This report only relates to the PB-RSUs the reporting person earned during the 2019 performance period. All shares resulting from such earned PB-RSUs vested on February 15, 2020.