SEC Form 4 · accession 0001225208-18-005663
Univar Inc. · UNVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Powell
Officer — President, EMEA & APAC
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 4:55 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, 2018 | M | 2,320 | $0.00 | A | 2,320 | D | |
| Common StockF2 | Mar 5, 2018 | F | 1,090 | $30.17 | D | 1,230 | 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, 2018 | M | 2,320 | D | — | — | Common Stock | 2,320 | 4,640 | D |
Explanation of responses
- F1Each restricted 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 their common stock on their scheduled vesting date.
- F2Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on settlement of restricted stock units. No shares were sold.
- F3This amount was granted on the Reporting Person's Form 4 filed on February 6, 2017 (the "Grant Form 4"). These RSUs are subject to the Time-Based Vesting condition defined in footnote 2 to the Grant Form 4, and subject to the Reporting Person continuing to be employed by the Issuer through such date.