Company: UIS
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001104659-25-027313
Chunk: 49

Company: UNISYS CORP
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 49
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 | 217,041 | ​ | ​ | ​ | ​                                          | ​ | 1,373,870 | ​ | ​ | ​ | ​                                                | ​ |   449,166 | ​ | ​ |
| ​ | Kristen Prohl      | ​ | ​ | ​                               | ​ | 134,552 | ​ | ​ | ​ | ​                                          | ​ |   851,714 | ​ | ​ | ​ | ​                                                | ​ |   590,557 | ​ | ​ |

(1) Based on the $6.33 closing price of Unisys common stock on December 31, 2024. Transition Agreement with Mr. Altabef Effective December 5, 2024, the Company entered into a Transition Agreement and General Release with Mr. Altabef, pursuant to which Mr. Altabef’s employment with the Company will cease on March 31, 2025. The cessation of Mr. Altabef’s employment will constitute a termination other than for cause and he therefore will receive the following severance benefits under his December 12, 2014 letter agreement with the Company: (i) two times his annual base salary ($1,982,000) and two times his target annual bonus ($2,378,400), in each case paid out in one lump sum payment within 30 days, and (ii) for 24 months, a monthly payment equal to the difference between the monthly cost of COBRA continuation coverage for Mr. Altabef, his spouse and eligible dependents and the monthly amount paid by active employees for comparable coverage. The Transition Agreement also includes customary release and cooperation provisions and reaffirms his pre-existing restrictive covenant obligations to the Company. Pursuant to the terms of the EDBOP, Mr. Altabef will also be entitled to continue to participate in that program after the termination of his employment and until his death, with a reduced death benefit equal to two and one-half times his final salary, totaling $2,477,500. As noted above, Mr. Altabef’s LTI awards (other than his stock price performance RSUs) provide that, if Mr. Altabef’s employment is terminated after he has reached age 65 and the termination is either by the Company other than for cause

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or by Mr. Al