Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UNVR | Performance-Based Restricted Stock Units | Award | +17.7K | 17.7K | Mar 8, 2022 | Common Stock | 17.7K | Direct | F1, F2 |
Id | Content |
---|---|
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 first tranche of 2021 PRSUs ("Tranche 1 2021 PRSUs") was to be earned based on a predetermined Adjusted Earnings Per Share performance goal during the period January 1, 2021 to December 31, 2021 ("Performance Goal") followed by continued employment through December 31, 2023. The reported number of securities represents the Tranche 1 2021 PRSUs that were deemed conditionally earned on March 8, 2022 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. |