SEC Form 4 · accession 0001225208-18-016093
Univar Inc. · UNVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Newlin
Officer — Executive Chairman · Director
Period of report
Nov 30, 2018
Accepted (ET)
Dec 3, 2018 · 5:37 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, 2018 | M | 12,500 | $0.00 | A | 197,595 | D | |
| Common StockF2 | Nov 30, 2018 | F | 5,556 | $21.66 | D | 192,039 | 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)-3F1,F3 | — | Nov 30, 2018 | M | 12,500 | D | — | — | Common Stock | 12,500 | 25,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of the Registrant's common stock on their scheduled vesting date.
- F2Shares withheld by the 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 January 30, 2017 (the "Grant Form 4"). These are the same RSUs that were converted into the common stock reported in Table I and are subject to the Time-Based Vesting condition defined in footnote two to the Grant Form 4, and subject to the Reporting Person continuing to be employed by or providing services as a Director to the Registrant through each such date.