Company: UIS
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001104659-25-027313
Chunk: 62

Company: UNISYS CORP
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 62
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.04% | ​ | ​ |
| ​ | December 31, 2023 | ​ | ​ | ​                          | ​ | 3,881,000 | ​ | ​ | ​ | ​                     | ​ | 68,254,000 | ​ | ​ | ​ | ​           | ​ | 5.69% | ​ | ​ |
| ​ | December 31, 2022 | ​ | ​ | ​                          | ​ | 1,177,000 | ​ | ​ | ​ | ​                     | ​ | 67,665,000 | ​ | ​ | ​ | ​           | ​ | 1.74% | ​ | ​ |
| ​ | 3-Year Average    | ​ | ​ | ​                          | ​ |         ​ | ​ | ​ | ​ | ​                     | ​ |          ​ | ​ | ​ | ​ | ​           | ​ | 3.82% | ​ | ​ |

(1) No stock options or stock appreciation rights were granted in fiscal years 2022, 2023 or 2024 (2) The burn rate was calculated using Institutional Shareholder Services’ Value-Adjusted Burn Rate

TABLE OF CONTENTS

| ​ | 2025 Proxy Statement | ​ | ​ | 75 | ​ |

We have estimated that the potential dilution to current stockholders that could result from the future issuance of shares under the 2024 Equity Plan (as amended), in addition to shares subject to awards outstanding under the 2024 Equity Plan and predecessor plans, would be approximately 17.8% calculated as follows:

| ​ | New Shares Requested + Shares Available + Shares Subject to Outstanding Awards                      | ​ |
| ​ | Requested + Shares Available + Shares Subject to Outstanding Awards+ Total Common Stock Outstanding | ​ |

Based on these factors and our current grant practices, the increased share reserve under the 2024 Equity Plan, as amended, is expected to meet our 2026 annual equity grant needs. The shares reserved may, however, last for a greater or fewer number of years depending on currently unknown factors, such as the number of grant recipients, future grant practices, and our stock price. In addition to the proposed share increase described above, the Amendment clarifies that the 2024 Equity Plan prohibits liberal share recycling. Specifically, the Amendment makes clear that shares of common stock surrendered or withheld in payment of the exercise price of an option, shares withheld or surrendered for payment of tax withholding obligations with respect to awards of