SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 3)* UNISYS Corporation -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value -------------------------------------------------------------------------------- (Title of Class of Securities) 909214108 -------------------------------------------------------------------------------- (CUSIP Number) May 15, 2006 -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 CUSIP No. 909214108 ---------------------- -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Tudor Investment Corporation ----------------------------------------------------------------------- 22-2514825 ----------------------------------------------------------------------- -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ------------------------------------------------------------------ (b) X ------------------------------------------------------------------ -------------------------------------------------------------------------------- 3) SEC Use Only ---------------------------------------------------------- -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware --------------------------------- -------------------------------------------------------------------------------- (5) Sole Voting Power 0 ---------------------------------- Number of Shares ---------------------------------------------------------- Beneficially (6) Shared Voting Power 15,771,734 Owned by Each -------------------------------- Reporting Person ---------------------------------------------------------- With (7) Sole Dispositive Power 0 ----------------------------- ---------------------------------------------------------- (8) Shared Dispositive Power 15,771,734 ---------------------------- -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 15,771,734 ----------------------------------------------------------------- -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ---------------------------------------------------- -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 4.6% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO -------------------------- -------------------------------------------------------------------------------- Page 2 CUSIP No. 909214108 ---------------------- -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Paul Tudor Jones, II ----------------------------------------------------------------------- ----------------------------------------------------------------------- -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ------------------------------------------------------------------ (b) X ------------------------------------------------------------------ -------------------------------------------------------------------------------- 3) SEC Use Only ---------------------------------------------------------- -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization USA --------------------------------- -------------------------------------------------------------------------------- (5) Sole Voting Power 0 ---------------------------------- Number of Shares ---------------------------------------------------------- Beneficially (6) Shared Voting Power 17,200,100 Owned by Each -------------------------------- Reporting Person ---------------------------------------------------------- With (7) Sole Dispositive Power 0 ----------------------------- ---------------------------------------------------------- (8) Shared Dispositive Power 17,200,100 ---------------------------- -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 17,200,100 ----------------------------------------------------------------- -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ---------------------------------------------------- -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 5.0% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IN -------------------------- -------------------------------------------------------------------------------- Page 3 CUSIP No. 909214108 ---------------------- -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person Tudor Proprietary Trading, L.L.C. ----------------------------------------------------------------------- 13-3720063 ----------------------------------------------------------------------- -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ------------------------------------------------------------------ (b) X ------------------------------------------------------------------ -------------------------------------------------------------------------------- 3) SEC Use Only ---------------------------------------------------------- -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware --------------------------------- -------------------------------------------------------------------------------- (5) Sole Voting Power 0 ---------------------------------- Number of Shares ---------------------------------------------------------- Beneficially (6) Shared Voting Power 1,428,366 Owned by Each -------------------------------- Reporting Person ---------------------------------------------------------- With (7) Sole Dispositive Power 0 ----------------------------- ---------------------------------------------------------- (8) Shared Dispositive Power 1,428,366 ---------------------------- -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,428,366 ----------------------------------------------------------------- -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ---------------------------------------------------- -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 0.4% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) OO -------------------------- -------------------------------------------------------------------------------- Page 4 CUSIP No. 909214108 ---------------------- -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Tudor BVI Global Portfolio Ltd. ----------------------------------------------------------------------- ----------------------------------------------------------------------- -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ------------------------------------------------------------------ (b) X ------------------------------------------------------------------ -------------------------------------------------------------------------------- 3) SEC Use Only ---------------------------------------------------------- -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Cayman Islands --------------------------------- -------------------------------------------------------------------------------- (5) Sole Voting Power 0 ---------------------------------- Number of Shares ---------------------------------------------------------- Beneficially (6) Shared Voting Power 2,670,419 Owned by Each -------------------------------- Reporting Person ---------------------------------------------------------- With (7) Sole Dispositive Power 0 ----------------------------- ---------------------------------------------------------- (8) Shared Dispositive Power 2,670,419 ---------------------------- -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 2,670,419 ----------------------------------------------------------------- -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ---------------------------------------------------- -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 0.8% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO -------------------------- -------------------------------------------------------------------------------- Page 5 CUSIP No. 909214108 ---------------------- -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Raptor Global Portfolio Ltd. ----------------------------------------------------------------------- ----------------------------------------------------------------------- -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ------------------------------------------------------------------ (b) X ------------------------------------------------------------------ -------------------------------------------------------------------------------- 3) SEC Use Only ---------------------------------------------------------- -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Cayman Islands --------------------------------- -------------------------------------------------------------------------------- (5) Sole Voting Power 0 ---------------------------------- Number of Shares ---------------------------------------------------------- Beneficially (6) Shared Voting Power 12,984,166 Owned by Each -------------------------------- Reporting Person ---------------------------------------------------------- With (7) Sole Dispositive Power 0 ----------------------------- ---------------------------------------------------------- (8) Shared Dispositive Power 12,984,166 ---------------------------- -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 12,984,166 ----------------------------------------------------------------- -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ---------------------------------------------------- -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 3.8% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO -------------------------- -------------------------------------------------------------------------------- Page 6 CUSIP No. 909214108 ---------------------- -------------------------------------------------------------------------------- 1) Names of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Altar Rock Fund L.P. ----------------------------------------------------------------------- 06-1558414 ----------------------------------------------------------------------- -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) ------------------------------------------------------------------ (b) X ------------------------------------------------------------------ -------------------------------------------------------------------------------- 3) SEC Use Only ---------------------------------------------------------- -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Delaware --------------------------------- -------------------------------------------------------------------------------- (5) Sole Voting Power 0 ---------------------------------- Number of Shares ---------------------------------------------------------- Beneficially (6) Shared Voting Power 117,149 Owned by Each -------------------------------- Reporting Person ---------------------------------------------------------- With (7) Sole Dispositive Power 0 ----------------------------- ---------------------------------------------------------- (8) Shared Dispositive Power 117,149 ---------------------------- -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 117,149 ----------------------------------------------------------------- -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ---------------------------------------------------- -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 0.03% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) PN -------------------------- -------------------------------------------------------------------------------- Page 7 Item 1(a). Name of Issuer: UNISYS Corporation Item 1(b). Address of Issuer's Principal Executive Offices: Unisys Way Blue Bell, PA 19424 Item 2(a). Name of Person Filing: Tudor Investment Corporation ("TIC") Paul Tudor Jones, II Tudor Proprietary Trading, L.L.C. ("TPT") The Tudor BVI Global Portfolio Ltd. ("BVI Portfolio") The Raptor Global Portfolio Ltd. ("Raptor Portfolio") The Altar Rock Fund L.P. ("Altar Rock") Item 2(b). Address of Principal Business Office or, if none, Residence: The principal business office of each of TIC, TPT, and Altar Rock is: 1275 King Street Greenwich, CT 06831 The principal business office of Mr. Jones is: c/o Tudor Investment Corporation 1275 King Street Greenwich, CT 06831 The principal business office of each of Raptor Portfolio and BVI Portfolio is: c/o CITCO Kaya Flamboyan 9 P.O. Box 4774 Curacao, Netherlands Antilles Item 2(c). Citizenship: TIC is a Delaware corporation. Mr. Jones is a citizen of the United States. TPT is a Delaware limited liability company. Altar Rock is a Delaware limited partnership. Raptor Portfolio and BVI Portfolio are companies organized under the laws of the Cayman Islands. Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 Item 2(e). CUSIP Number: 909214108 Page 8 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under section 15 of the Act (b) [ ] Bank as defined in section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (d) [ ] Investment Company registered under section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (f) [ ] Employment Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see section 240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with section 240.13d-1(b)(1)(ii)(G) (Note: See Item 7) (h) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(H) Item 4. Ownership (As of May 23, 2006). (a) Amount Beneficially Owned: See Item 9 of cover pages (b) Percent of Class: See Item 11 of cover pages (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote See Item 5 of cover pages ----------------------------------------------------------- (ii) shared power to vote or to direct the vote See Item 6 of cover pages ----------------------------------------------------------- (iii) sole power to dispose or to direct the disposition of See Item 7 of cover pages ----------------------------------------------------------- (iv) shared power to dispose or to direct the disposition of See Item 8 of cover pages ----------------------------------------------------------- The shares of Common Stock reported herein as beneficially owned are owned directly by TPT (1,428,366 shares), Raptor Portfolio (12,984,166 shares), BVI Portfolio (2,670,419 shares), and Altar Rock (117,149 shares). Because TIC provides investment advisory services to Raptor Portfolio and BVI Portfolio and is the general partner of Altar Rock, TIC may be deemed to beneficially own the shares of Common Stock owned by each of such Reporting Persons. TIC expressly disclaims such beneficial ownership. In addition, because Mr. Jones is the controlling shareholder of TIC and the indirect controlling equity holder of TPT, Mr. Jones may be deemed to beneficially own the shares of Common Stock deemed beneficially owned by TIC and TPT. Mr. Jones expressly disclaims such beneficial ownership. Item 5. Ownership of Five Percent or Less of a Class. Not applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable Item 8. Identification and Classification of Members of the Group. See cover pages Item 9. Notice of Dissolution of Group. Not applicable Page 9 Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 25, 2006 TUDOR INVESTMENT CORPORATION By: /s/ Stephen N. Waldman ----------------------------------------------- Stephen N. Waldman Managing Director and Associate General Counsel /s/ Paul Tudor Jones, II ---------------------------------------------------- Paul Tudor Jones, II TUDOR PROPRIETARY TRADING, L.L.C. By: /s/ Stephen N. Waldman ----------------------------------------------- Stephen N. Waldman Managing Director and Associate General Counsel THE TUDOR BVI GLOBAL PORTFOLIO LTD. By: Tudor Investment Corporation, Trading Advisor By: /s/ Stephen N. Waldman ------------------------------------------- Stephen N. Waldman Managing Director and Associate General Counsel Page 10 THE RAPTOR GLOBAL PORTFOLIO LTD. By: Tudor Investment Corporation, Investment Advisor By: /s/ Stephen N. Waldman ------------------------------------------- Stephen N. Waldman Managing Director and Associate General Counsel THE ALTAR ROCK FUND L.P. By: Tudor Investment Corporation, General Partner By: /s/ Stephen N. Waldman ------------------------------------------- Stephen N. Waldman Managing Director and Associate General Counsel Page 11