SEC Form 4 · accession 0001225208-16-042538
Univar Inc. · UNVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Newlin
Officer — President & CEO · Director
Period of report
Nov 30, 2016
Accepted (ET)
Dec 1, 2016 · 5:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494319
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 30, 2016 | M | 10,417 | $0.00 | A | 53,902 | D | |
| Common StockF2 | Nov 30, 2016 | F | 4,760 | $24.90 | D | 49,142 | D | |
| Common Stock | holding | — | — | — | 28,892 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs)F1,F3 | — | Nov 30, 2016 | M | 10,417 | D | — | — | Common Stock | 10,417 | 312,502 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- F2Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F3This amount was granted on Reporting Person's Form 4 filed on June 1, 2016 (the "Grant Form 4"). 62,502 RSUs are subject only to the Time-Based Vesting Condition defined in footnote 2 to the Grant Form 4. The remaining RSUs are subject to the Time-Based Vesting Condition and the stock price conditions described in footnotes 3 and 4 of the Grant Form 4.