Jorge C. Buckup - Feb 7, 2022 Form 4 Insider Report for Univar Solutions Inc. (UNVR)

Role: President, Latin America
Signature: /s/ Noelle J. Perkins, as Attorney-in-Fact for Jorge Buckup
Stock symbol: UNVR
Transactions as of: Feb 7, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/9/2022, 06:11 PM
Previous filing: Feb 8, 2022
Next filing: Feb 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UNVR	Common Stock	Award	$0	+2.65K	+21.75%	$0.00	14.9K	Feb 7, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported number of securities represents the settlement of the non-derivative PRSUs in shares of the Issuer's common stock following certification of performance goal attainment by the Compensation Committee on February 7, 2022. The non-derivative PRSUs were granted in 2019, to be earned based on performance against predetermined Adjusted EBITDA and Return-on-Investment Capital performance goals during the three year period January 1, 2019 to December 31, 2021. The award was to be earned, if at all, upon the certification of performance goal attainment by the Compensation Committee following, and subject to the Reporting Person's continued employment through, the end of the performance period.
F2	Each non-derivative performance restricted stock unit ("PRSU") represents a contingent right to receive, at settlement, one share of common stock upon vesting. This transaction represents the settlement of non-derivative PRSUs in shares of the Issuer's common stock following certification of performance goal attainment by the Compensation Committee on February 7, 2022.

Content

The reported number of securities represents the settlement of the non-derivative PRSUs in shares of the Issuer's common stock following certification of performance goal attainment by the Compensation Committee on February 7, 2022. The non-derivative PRSUs were granted in 2019, to be earned based on performance against predetermined Adjusted EBITDA and Return-on-Investment Capital performance goals during the three year period January 1, 2019 to December 31, 2021. The award was to be earned, if at all, upon the certification of performance goal attainment by the Compensation Committee following, and subject to the Reporting Person's continued employment through, the end of the performance period.

Each non-derivative performance restricted stock unit ("PRSU") represents a contingent right to receive, at settlement, one share of common stock upon vesting. This transaction represents the settlement of non-derivative PRSUs in shares of the Issuer's common stock following certification of performance goal attainment by the Compensation Committee on February 7, 2022.