ULSE Inc. - 16 Apr 2024 Form 4 Insider Report for UL Solutions Inc. (ULS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Apr 2024, 18:05:09 UTC
Prior SEC filing
12 Apr 2024
Next SEC filing
11 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Ron H. Blaustein, Senior Vice President and Chief Financial Officer

Key filing fact

ULSE Inc. filed Form 4 for UL Solutions Inc. (ULS) on 18 Apr 2024.

Key facts

  • This page summarizes ULSE Inc.'s Form 4 filing for UL Solutions Inc. (ULS).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Apr 2024, 18:05.

Change

  • Previous filing in this sequence was filed on 12 Apr 2024.
  • Current net transaction value: -$1,088,360,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ULS transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+38,870,000
Change %
Price
Shares after
38,870,000
Date
16 Apr 2024
Ownership
Direct
Footnotes
F1
ULS transaction

Class A Common Stock

Sale

Transaction value
$1,088,360,000
Shares
-38,870,000
Change %
-100%
Price
$28.00
Shares after
0
Date
16 Apr 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ULS transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-38,870,000
Change %
-19%
Price
$0.000000
Shares after
161,130,000
Date
16 Apr 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
38,870,000
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The Class B Common Stock is convertible at any time at the option of the holder into shares of Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert upon the earlier of (i) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (ii) the seven year anniversary of the closing of the Issuer's initial public offering ("IPO") and (iii) the date on which the number of outstanding shares of Class B Common Stock held by the reporting person and certain permitted transferees represents less than 35% of the shares of Class B Common Stock held by the reporting person immediately following the closing of the Issuer's IPO.

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