SEC Form 4 · accession 0001225208-19-002126
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
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 7:38 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 | Feb 7, 2019 | M | 3,356 | $0.00 | A | 84,392 | D | |
| Common StockF2 | Feb 7, 2019 | F | 904 | $21.10 | D | 83,488 | 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)-7F3,F4,F5 | — | Feb 6, 2019 | A | 12,640 | A | — | — | Common Stock | 12,640 | 12,640 | D |
| Stock Options (right to buy)F6 | $21.75 | Feb 6, 2019 | A | 43,580 | A | — | Feb 6, 2029 | Common Stock | 43,580 | 43,580 | D |
| Restricted Stock Units (RSUs)-4F1,F7 | — | Feb 7, 2019 | M | 3,356 | D | — | — | Common Stock | 3,356 | 6,714 | 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 the Registrant's 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.
- F3Each restricted stock unit ("RSU") is equivalent to one share of common stock upon vesting.
- F4The RSUs become vested in three equal installments on February 6, 2020, February 6, 2021 and February 6, 2022, subject to the Reporting Person continuing to be employed by the Registrant through each such date. Vested shares will be delivered to the Reporting Person within 30 days following the applicable vest date.
- F5Not applicable.
- F6These options will vest and become exercisable in three equal installments on February 6, 2020, February 6, 2021 and February 6, 2022, subject to the Reporting person continuing to be employed by the Registrant through each such date.
- F7This amount was granted on the Reporting Person's Form 4 filed on February 9, 2018 (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 the Registrant through each such date.