Accession Number: | 0001225208-23-002447 |
Date: | 2023-02-16 |
Issuer: | UNIVAR SOLUTIONS INC. (UNVR) |
Original Submission Date: |
JERDING PAT
C/O UNIVAR SOLUTIONS INC.
3075 HIGHLAND PARKWAY, SUITE 200
DOWNERS GROVE, IL 60515
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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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 Exercisable | Expiration 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 |
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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 |
ID | footnote |
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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. |