Form Type: 4

SEC EDGAR Link
Accession Number:0001225208-23-002447
Date:2023-02-16
Issuer: UNIVAR SOLUTIONS INC. (UNVR)
Original Submission Date:

Reporting Person:

JERDING PAT
C/O UNIVAR SOLUTIONS INC.
3075 HIGHLAND PARKWAY, SUITE 200 DOWNERS GROVE, IL 60515

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE-BASED RESTRICTED STOCK UNITS 0.0 2023-02-16 deemed execution date A 3,536 (a) common stock 3,536 $0.00 5,304 direct
RESTRICTED STOCK UNITS - 23 0.0 2023-02-17 deemed execution date A 7,810 (a) common stock 7,810 $0.00 7,810 direct
Footnotes
IDfootnote
f1 each performance restricted stock unit ("prsu") represents a contingent right to receive, at settlement, one share of common stock upon vesting.
f2 in 2021, the reporting person was granted an award of prsus ("2021 prsus"). the second tranche of 2021 prsus ("tranche 2 2021 prsus") was to be earned based on a predetermined adjusted earnings per share performance goal during the period january 1, 2022 to december 31, 2022 ("performance goal") followed by continued employment through december 31, 2023. the reported number of securities represents the tranche 2 2021 prsus that were deemed conditionally earned on february 16, 2023 following the certification of the attainment of the performance goal by the compensation committee, and vest on december 31, 2023, subject to continued employment through such date.
f3 each restricted stock unit is equivalent to one share of common stock upon vesting.
f4 on february 17, 2023, the reporting person was granted 7,810 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date, subject to the reporting person continuing to be employed by the issuer through each such date.
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