Michael P. Muldowney - Dec 19, 2022 Form 4 Insider Report for Veritiv Corp (VRTV)

Role
Director
Signature
/s/ Susan B. Salyer, Attorney-in-Fact for Michael P. Muldowney
Stock symbol
VRTV
Transactions as of
Dec 19, 2022
Transactions value $
$20,333
Form type
4
Date filed
12/21/2022, 03:04 PM
Previous filing
May 6, 2022
Next filing
Apr 3, 2023

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 VRTV Deferred Share Unit (Stock Settled) Award $1.96K +15 +0.47% $130.34 3.23K Dec 19, 2022 Common Stock 15 Direct F1, F2
transaction VRTV Phantom Stock Award $18.4K +141 +0.48% $130.34 29.4K Dec 19, 2022 Common Stock 141 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each dividend equivalent right is the economic equivalent of one share of Veritiv Corporation common stock
F2 The dividend equivalent rights accrued on deferred share units previously granted to the reporting person, and are fully vested and non-forfeitable as of the grant date and shall be payable in shares of Veritiv Corporation common stock, generally within 30 days after the reporting person's termination of service as a Veritiv Corporation director.
F3 The dividend equivalent rights accrued on phantom stock previously granted to the reporting person, and are fully vested and non-forfeitable on the grant date and shall be paid to the reporting person in shares of Veritiv Corporation common stock on the elected distribution date under the Veritiv Corporation Deferred Compensation Savings Plan.

Remarks:

Power of Attorney attached as Exhibit 24.1