Jorge C. Buckup - Mar 8, 2022 Form 4 Insider Report for Univar Solutions Inc. (UNVR)

Signature
/s/ Noelle J. Perkins, as Attorney-in-Fact for Jorge Buckup
Stock symbol
UNVR
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 05:56 PM
Previous filing
Feb 23, 2022
Next filing
Mar 14, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNVR Performance-Based Restricted Stock Units Award $0 +884 $0.00 884 Mar 8, 2022 Common Stock 884 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance restricted stock unit ("PRSU") represents a contingent right to receive, at settlement, one share of common stock upon vesting.
F2 In 2021, the Reporting Person was granted an award of PRSUs ("2021 PRSUs"). The first tranche of 2021 PRSUs ("Tranche 1 2021 PRSUs") was to be earned based on a predetermined Adjusted Earnings Per Share performance goal during the period January 1, 2021 to December 31, 2021 ("Performance Goal") followed by continued employment through December 31, 2023. The reported number of securities represents the Tranche 1 2021 PRSUs that were deemed conditionally earned on March 8, 2022 following the certification of the attainment of the Performance Goal by the Compensation Committee, and vest on December 31, 2023, subject to continued employment through such date.