SEC Form 4 · accession 0001225208-17-005724
Univar Inc. · UNVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl J Lukach
Officer — EVP - CFO
Period of report
Mar 5, 2017
Accepted (ET)
Mar 7, 2017 · 3:09 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 | Mar 5, 2017 | M | 20,000 | $0.00 | A | 69,175 | D | |
| Common StockF2 | Mar 5, 2017 | F | 6,220 | $32.36 | D | 62,955 | D |
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 | — | Mar 5, 2017 | M | 20,000 | D | — | — | Common Stock | 20,000 | 40,000 | 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.
- F3Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units vest in three equal installments on March 5, 2017, March 5, 2018 and March 5, 2019, subject to continued employment with the Company.