David E. Flitman - 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, 12:07:46 UTC
Prior SEC filing
07 Nov 2023
Next SEC filing
09 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Susan B. Salyer, Attorney-in-Fact for David E. Flitman

Key filing fact

David E. Flitman filed Form 4 for Veritiv Corp on 30 Nov 2023.

Key facts

  • This page summarizes David E. Flitman's Form 4 filing for Veritiv Corp.
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 30 Nov 2023, 12:07.

Change

  • Previous filing in this sequence was filed on 07 Nov 2023.
  • Current net transaction value: -$5,234,810.

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 derivative securities

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

VRTV transaction Derivative

Phantom Stock

Disposed to Issuer

Transaction value
$5,234,810
Shares
-30,793
Change %
-100%
Price
$170.00
Shares after
0
Date
30 Nov 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,793
Exercise price
Footnotes
F1, 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

David E. Flitman 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

Each dividend equivalent right is the economic equivalent of one share of Common Stock.

Footnote 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 Common Stock on the elected distribution date under the Veritiv Corporation Deferred Compensation Savings Plan, in the case of phantom stock, or within 30 days after the reporting person's termination of service as a director, in the case of deferred stock units.

Footnote F3

Each outstanding award (i) of deferred stock units of the Company and (ii) phantom stock units of the Company, whether settleable in shares of Common Stock or cash, were canceled, 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 each such award, together with any cash dividends accrued.

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