Nicholas Powell - Mar 8, 2022 Form 4 Insider Report for Univar Solutions Inc. (UNVR)

Role: President, EMEA & APAC
Signature: /s/ Noelle J. Perkins, as Attorney-in-Fact for Nick Powell
Stock symbol: UNVR
Transactions as of: Mar 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/10/2022, 05:52 PM
Previous filing: Feb 23, 2022
Next filing: Mar 14, 2022

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	Performance-Based Restricted Stock Units	Award	$0	+2.26K		$0.00	2.26K	Mar 8, 2022	Common Stock	2.26K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Content

Each performance restricted stock unit ("PRSU") represents a contingent right to receive, at settlement, one share of common stock upon vesting.

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.