SEC Form 4/A · accession 0001650578-18-000001

UNISYS CORP · UIS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

This is an amendment (Form 4/A). It replaces an earlier filing for the same period.

Reporting owner

Eric Hutto

Officer — Senior Vice President

Period of report

Feb 9, 2018

Accepted (ET)

Feb 15, 2018 · 4:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000746838

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Feb 9, 2018	M	6,233	$0.00	A	19,640	D
Common Stock	Feb 9, 2018	F	1,517	$9.90	D	18,123	D
Common Stock	Feb 9, 2018	M	5,910	$0.00	A	24,033	D
Common Stock	Feb 9, 2018	F	1,439	$9.90	D	22,594	D
Common Stock	Feb 9, 2018	M	7,180	$0.00	A	29,774	D
Common Stock	Feb 9, 2018	F	1,748	$9.90	D	28,026	D
Common Stock	Feb 9, 2018	M	7,737	$0.00	A	35,763	D
Common Stock	Feb 9, 2018	F	1,883	$9.90	D	33,380	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Feb 9, 2018	M	7,180	D	—	—	Common Stock	6,233	0	D
Restricted Stock Units^F3,F4	—	Feb 9, 2018	M	5,910	D	—	—	Common Stock	5,910	11,821	D
Restricted Stock Units^F3,F5	—	Feb 9, 2018	M	7,180	D	—	—	Common Stock	7,180	7,179	D
Restricted Stock Units^F6,F7	—	Feb 9, 2018	M	5,910	D	—	—	Common Stock	7,737	0	D

Explanation of responses

F1Each restricted stock unit represents a contingent right to receive 0.868 shares of Unisys Corporation common stock.
F2Performance-based restricted stock units ("PB-RSUs") granted on February 11, 2016 under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The PB-RSUs are earned one-third annually over a three-year period to the extent Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2016, 2017 and 2018, respectively, and then such earned PB-RSUs vest on February 11, 2017, 2018 and 2019, respectively (or if such day does not fall on a trading day, the immediately preceding trading day). This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.
F3Each restricted stock unit represents a contingent right to receive one share of Unisys Corporation common stock.
F4Time-based restricted stock units granted under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning February 9, 2018.
F5Time-based restricted stock units granted under the Unisys Corporation 2010 Long-Term Incentive and Equity Compensation Plan. The restricted stock units vest in three equal annual installments beginning February 11, 2017.
F6Each restricted stock unit represents a contingent right to receive 1.309 shares of Unisys Corporation common stock.
F7Performance-based restricted stock units ("PB-RSUs") granted on February 9, 2017 under the Unisys Corporation 2016 Long-Term Incentive and Equity Compensation Plan. PB-RSUs are earned one-third annually over a three-year period to the extent Unisys Corporation achieves a performance goal relating to operating profit for that year in each of 2017, 2018 and 2019, respectively, and then such earned PB-RSUs vest on February 9, 2018, 2019 and 2020, respectively. This report only relates to the PB-RSUs the reporting person earned based on the 2017 performance goal. All shares resulting from such earned PB-RSUs vested on February 9, 2018.

Remarks

Explanatory Note: This Form 4/A is being filed to indicate that the transactions involving restricted stock units represented disposals rather than acquisitions.