Mark John Byrne - 01 Aug 2023 Form 4 Insider Report for Univar Solutions Inc. (UNVR)

Role
Director
Signature
/s/ Mark John Byrne
Issuer symbol
UNVR
Transactions as of
01 Aug 2023
Transactions value $
-$5,323,088
Form type
4
Filing time
03 Aug 2023, 22:00:00 UTC
Previous filing
05 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNVR Common Stock Disposed to Issuer -$1.75M -48.5K -100% $36.15 0 01 Aug 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNVR Stock Options (right to buy) Disposed to Issuer -$3.57M -98.8K -100% $36.15 0 01 Aug 2023 Common Stock 98.8K $18.54 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark John Byrne is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of Univar Solutions Inc. ("Univar") common stock disposed of in connection with the Agreement and Plan of Merger ("Merger Agreement"), dated as of March 13, 2023, by and among Univar and affiliates of funds managed by Apollo Global Management, Inc. In accordance with the Merger Agreement, at the effective time, each share of Univar common stock held by the reporting person was converted into the right to receive $36.15 in cash (the "Merger Consideration").
F2 In accordance with the Merger Agreement, at the effective time, each stock option was cashed out based on the Merger Consideration, less the exercise price.

Remarks:

In connection with the transaction, the reporting person ceased to be a Section 16 reporting person.