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Summary Compensation Table
The following table sets forth information concerning the annual and long-term compensation paid to the chief executive officer and the other four most highly compensated executive officers of Unisys in 2001 (the "Named Officers") for services rendered in all capacities to Unisys for 2001, 2000, and 1999.
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Long-Term Compensation |
 |
 |
| Annual Compensation |
Awards |
Payouts |
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|
|
Name and
Principal Position |
Year |
Salary
(1) ($) |
Bonus
(1) ($) |
Other
Annual
Compensation
(2) ($) |
Restricted
Stock
Award(s)
(3) ($) |
Securities
Underlying
Options/
SARs
(4) (#) |
LTIP
Payouts
(4) ($) |
All Other
Compensation
(5) ($) |
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|
|
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Lawrence A. Weinbach
Chairman, President
and CEO |
2001 |
1,320,000 |
— |
136,815 |
— |
500,000 |
— |
332,213 |
| 2000 |
1,320,000 |
396,000 |
566,920 |
— |
400,000 |
— |
332,213 |
| 1999 |
1,300,000 |
1,320,000 |
2,012,936 |
— |
363,000 |
— |
330,413 |
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Jack A. Blaine
Executive
Vice President
|
2001 |
450,000 |
— |
7,724 |
— |
75,000 |
— |
93,677 |
| 2000 |
450,000 |
75,000 |
5,795 |
— |
75,000 |
— |
93,627 |
| 1999 |
375,000 |
200,000 |
9,445 |
— |
75,000 |
— |
91,827 |
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George R. Gazerwitz
Executive
Vice President
|
2001 |
491,679 |
— |
— |
— |
100,000 |
— |
114,894 |
| 2000 |
450,012 |
180,000 |
— |
— |
100,000 |
— |
114,894 |
| 1999 |
441,678 |
300,000 |
36 |
— |
125,000 |
— |
113,094 |
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Joseph W. McGrath
Executive
Vice President |
2001 |
450,000 |
— |
— |
— |
75,000 |
— |
73,861 |
| 2000 |
450,000 |
75,000 |
— |
— |
75,000 |
— |
76,861 |
| 1999 |
321,675 |
310,000 |
217,989 |
2,011,875 |
80,000 |
— |
70,880 |
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Janet B. Wallace (6)
Senior
Vice President |
2001 |
360,000 |
— |
— |
— |
60,000 |
— |
46,991 |
| 2000 |
360,000 |
120,000 |
13,457 |
— |
50,000 |
— |
47,841 |
| 1999 |
50,000 |
80,000 |
38,035 |
— |
25,000 |
— |
188 |
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(1)
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Amounts shown include compensation deferred under the Unisys Savings Plan or the Unisys Corporation Deferred Compensation Plan.
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(2)
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Amounts shown for 2001 for Mr. Weinbach are tax reimbursements and personal benefits, including $51,244 for supplemental long-term disability insurance. Amounts shown for Mr. Blaine for 2001 are tax reimbursements.
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(3)
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Amounts shown in this column are the dollar value of restricted stock awards based on the closing market price of Unisys common stock on the date of grant. Mr. McGrath was originally awarded 58,000 restricted share units on January 6, 1999. The grant vests over three years, with one-third vesting each year beginning January 6, 2000. Upon vesting, restricted share units are payable in shares of Unisys common stock. At December 31, 2001, Mr. McGrath held 19,333 restricted share units with a value of $242,436.
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(4)
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Although the Company's long-term incentive plan permits grants of free-standing stock appreciation rights and the payment of performance awards, no such grants or payments were made to any of the Named Officers during the years presented.
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(5)
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Amounts shown for 2001 for each Named Officer consist of Company matching contributions under the Unisys Savings Plan and the full amount of premiums paid by Unisys for life insurance as follows: Mr. Weinbach — $3,400, $328,813; Mr. Blaine — $3,400, $90,277; Mr. Gazerwitz — $3,400, $111,494; Mr. McGrath — $3,400, $70,461; Ms. Wallace — $2,550, $44,441.
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(6)
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Ms. Wallace joined Unisys as a Vice President in November 1999. She was elected a Senior Vice President effective January 1, 2000.
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