JOAN BRACA - 01 Aug 2023 Form 4 Insider Report for Univar Solutions Inc. (UNVR)

Role
Director
Signature
/s/ Joan Braca
Issuer symbol
UNVR
Transactions as of
01 Aug 2023
Transactions value $
-$1,383,967
Form type
4
Filing time
04 Aug 2023, 14:47:32 UTC
Previous filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNVR Common Stock Disposed to Issuer -$159K -4.4K -46.8% $36.15 5K 01 Aug 2023 Direct F1
transaction UNVR Common Stock Disposed to Issuer -$181K -5K -100% $36.15 0 01 Aug 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNVR Deferred Stock Units Disposed to Issuer -$1.04M -28.9K -100% $36.15 0 01 Aug 2023 Common Stock 28.9K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JOAN BRACA is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of Univar Solutions Inc. ("Univar") common stock disposed of in connection with the Agreement and Plan of Merger ("Merger Agreement"), dated as of March 13, 2023, by and among Univar and affiliates of funds managed by Apollo Global Management, Inc. In accordance with the Merger Agreement, at the effective time, each share of Univar common stock held by the reporting person was converted into the right to receive $36.15 in cash (the "Merger Consideration").
F2 In accordance with the Merger Agreement, at the effective time, each deferred stock unit award was cashed out based on the Merger Consideration.

Remarks:

In connection with the transaction, the reporting person ceased to be a Section 16 reporting person.