Lynn H. Hancock - Apr 1, 2025 Form 4 Insider Report for UL Solutions Inc. (ULS)

Signature
/s/ Ryan Robinson, Attorney-in-Fact
Stock symbol
ULS
Transactions as of
Apr 1, 2025
Transactions value $
$51,411
Form type
4
Date filed
4/3/2025, 09:55 PM
Previous filing
Mar 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULS Class A Common Stock Options Exercise $78.4K +5.96K +98.45% $13.15 12K Apr 1, 2025 Direct
transaction ULS Class A Common Stock Tax liability -$157K -2.71K -22.51% $57.85 9.32K Apr 1, 2025 Direct
transaction ULS Class A Common Stock Award $183K +3.17K +34% $57.85 12.5K Apr 1, 2025 Direct F1
transaction ULS Class A Common Stock Tax liability -$53.7K -928 -7.43% $57.85 11.6K Apr 1, 2025 Direct

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 ULS Restricted Stock Units Award $0 +2.3K $0.00 2.3K Apr 1, 2025 Class A Common Stock 2.3K Direct F2, F3
transaction ULS Stock Appreciation Right Options Exercise $0 -5.96K -100% $0.00 0 Apr 1, 2025 Class A Common Stock 5.96K $13.15 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Class A Common Stock was issued to the Reporting Person upon settlement of performance cash awards granted under the Issuer's Pre-IPO Long Term Incentive Plan as a result of the achievement of certain performance criteria not related to the passage of time or stock price.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The restricted stock units will vest in three equal installments on the first, second and third anniversary of the grant date.

Remarks:

Executive Vice President & Chief Transformation Officer