Stephen E. Macadam - Jun 5, 2023 Form 4 Insider Report for Veritiv Corp (VRTV)

Role
Director
Signature
/s/ Susan B. Salyer, Attorney-in-Fact for Stephen E. Macadam
Stock symbol
VRTV
Transactions as of
Jun 5, 2023
Transactions value $
$11,884
Form type
4
Date filed
6/9/2023, 04:10 PM
Previous filing
Jun 6, 2023
Next filing
Aug 15, 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 Phantom Stock Award $11.9K +109 +0.58% $109.03* 19K Jun 5, 2023 Common Stock 109 Direct F1, F2, 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 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.
F3 Fractional shares are settled in cash