Gregory B. Morrison - 30 Nov 2023 Form 4 Insider Report for Veritiv Corp

Role
Director
Signature
/s/ Susan B. Salyer, Attorney-in-Fact for Gregory B. Morrison
Issuer symbol
N/A
Transactions as of
30 Nov 2023
Net transactions value
-$608,600
Form type
4
Filing time
30 Nov 2023, 12:08:05 UTC
Previous filing
28 Nov 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTV Common Stock Disposed to Issuer $608,600 -3,580 -100% $170.00 0 30 Nov 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gregory B. Morrison is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of August 6, 2023 (as it has been or may be amended, supplemented, waived or otherwise modified in accordance with its terms, the "Merger Agreement") by and among Veritiv Corporation (the "Company"), Verde Purchaser, LLC, a Delaware limited liability company ("Parent") that is affiliated with Clayton, Dubilier & Rice, LLC, and Verde Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, on November 30, 2023 (the "Effective Time"), each issued and outstanding share of the Company's common stock, par value $0.01 per share ("Common Stock"), was cancelled and converted into the right to receive $170 per share in cash, without interest (the "Merger Consideration").