Charles Ward - Jun 5, 2023 Form 4 Insider Report for Veritiv Corp (VRTV)

Role
Director
Signature
/s/ Susan B. Salyer, Attorney-in-Fact for Charles G. Ward, III
Stock symbol
VRTV
Transactions as of
Jun 5, 2023
Transactions value $
$21,261
Form type
4
Date filed
6/9/2023, 04:11 PM
Previous filing
May 4, 2023
Next filing
Sep 14, 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) +Grant/Award $1,963 +18 +0.56% $109.03 3,261 Jun 5, 2023 Common Stock 18 Direct F1, F2
transaction VRTV Phantom Stock +Grant/Award $19,298 +177 +0.57% $109.03 30,973 Jun 5, 2023 Common Stock 177 Direct F1, F3, F4

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.
F4 Fractional shares are settled in cash