Eric Guerin - 30 Nov 2023 Form 4 Insider Report for Veritiv Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
30 Nov 2023, 12:05:49 UTC
Prior SEC filing
12 May 2023
Next SEC filing
16 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Susan B. Salyer, Attorney-in-Fact for Eric J. Guerin

Key filing fact

Eric Guerin filed Form 4 for Veritiv Corp on 30 Nov 2023.

Key facts

  • This page summarizes Eric Guerin's Form 4 filing for Veritiv Corp.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 30 Nov 2023, 12:05.

Change

  • Previous filing in this sequence was filed on 12 May 2023.
  • Current net transaction value: -$2,638,400.

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.

VRTV transaction

Common Stock

Disposed to Issuer

Transaction value
$1,357,960
Shares
-7,988
Change %
-100%
Price
$170.00
Shares after
0
Date
30 Nov 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

VRTV transaction Derivative

Performance Share Units

Disposed to Issuer

Transaction value
$1,280,440
Shares
-7,532
Change %
-100%
Price
$170.00
Shares after
0
Date
30 Nov 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,532
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Eric Guerin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the Merger Agreement, at the Effective Time, each then outstanding award of service-based restricted stock units of the Company (each, a "Company RSU Award"), whether or not vested, and whether settleable in shares of Common Stock or cash, was cancelled, and each holder will receive an amount in cash equal to (i) the Merger Consideration per share of Common Stock multiplied by (ii) the number of shares of Common Stock subject to such Company RSU Award.

Footnote F2

The performance share units (each, a "Company PSU Award") were eligible to be earned based on achievement of pre-established performance goals during the respective performance period (January 1, 2022 - December 31, 2024, and January 1, 2023 - December 31, 2025).

Footnote F3

Pursuant to the Merger Agreement, at the Effective Time, each then outstanding Company PSU Award, whether or not vested, and whether settleable in shares of Common Stock or cash, was cancelled, and each holder will receive an amount in cash equal to (i) the Merger Consideration per share of Common Stock multiplied by (ii) the target number of performance share units subject to such Company PSU Award.

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