Noelle J. Perkins - Dec 31, 2022 Form 4 Insider Report for Univar Solutions Inc. (UNVR)

Role
SVP, General Counsel Secretary
Signature
/s/ Noelle J. Perkins
Stock symbol
UNVR
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 05:19 PM
Previous filing
Mar 14, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNVR Common Stock Award $0 +14.5K +118.82% $0.00 26.6K Dec 31, 2022 Direct F1, F2
transaction UNVR Common Stock Options Exercise $0 +4.7K +17.64% $0.00 31.3K Dec 31, 2022 Direct F3
transaction UNVR Common Stock Options Exercise $0 +4.09K +13.06% $0.00 35.4K Dec 31, 2022 Direct F3
transaction UNVR Common Stock Options Exercise $0 +1.45K +4.1% $0.00 36.9K Dec 31, 2022 Direct F3

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 Restricted Stock Units Options Exercise $0 -1.45K -100% $0.00* 0 Dec 31, 2022 Common Stock 1.45K Direct F3, F4
transaction UNVR Restricted Stock Units -21 Options Exercise $0 -4.09K -49.99% $0.00 4.09K Dec 31, 2022 Common Stock 4.09K Direct F3, F5
transaction UNVR Restricted Stock Units- 22 Options Exercise $0 -4.7K -33.33% $0.00 9.4K Dec 31, 2022 Common Stock 4.7K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported number of securities represents the settlement of the non-derivative PRSUs in shares of the Issuer's common stock following certification of performance goal attainment by the Compensation Committee on December 26,2022. The non-derivative PRSUs were granted in 2020, to be earned based on performance against predetermined Adjusted EBITDA and Return-on-Investment Capital performance goals during the three year period January 1, 2020 to December 31, 2022. The award was to be earned, if at all, upon the certification of performance goal attainment by the Compensation Committee following, and subject to the Reporting Persons continued employment through, the end of the performance period.
F2 Each non-derivative performance-restricted stock unit ("PRSU") represents a contingent right to receive, at settlement, one share of common stock upon vesting. This transaction represents the settlement ofnon-derivative PRSUs in shares of the Issuer's common stock following certification of performance goal attainment by the Compensation Committee on December 26, 2022.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of the Issuer's common stock on a vesting date of December 31, 2022.
F4 On February 21, 2020 the reporting person was granted 4,360 restricted stock units, originally 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.
F5 On March 10, 2021, the reporting person was granted 12,280 restricted stock units, originally 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.
F6 On February 8, 2022, the reporting person was granted 14,100 restricted stock units, originally 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.