4//SEC Filing
DICKENS KIMBERLY L 4
Accession 0000899243-20-005788
CIK 0001494319other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 5:05 PM ET
Size
10.3 KB
Accession
0000899243-20-005788
Insider Transaction Report
Form 4
DICKENS KIMBERLY L
SVP, Chief HR Officer
Transactions
- Award
Performance-Based Restricted Stock Units
2019-02-06+2,282→ 2,282 total→ Common Stock (2,282 underlying) - Award
Performance-Based Restricted Stock Units
2020-02-21+456→ 2,738 total→ Common Stock (456 underlying)
Footnotes (5)
- [F1]Each PRSU represents a contingent right to receive one share of common stock upon vesting.
- [F2]The reported number of securities represents the Tranche 1 2018 PRSUs (as defined in footnote 3) that were deemed earned on February 6, 2019 (following certification of the performance metric for the applicable performance period) and that vest on December 31, 2020, which is the same vesting as for the Tranche 2 2018 PRSUs (as defined in footnote (3).
- [F3]In 2018, Kimberly L. Dickens was granted an award of PRSUs ("2018 PRSUs"), split into four equally-weighted tranches, to be earned based on performance against predetermined Adjusted EBITDA and Adjusted Earnings Per Share performance goals over four equally-weighted measurement periods within the three-year period beginning January 1, 2018 and ending December 31, 2020. The first tranche of 2018 PRSUs ("Tranche 1 2018 PRSUs") was to be earned based on performance of predetermined Adjusted EBITDA and Adjusted Earnings Per Share performance goals during the period of January 1, 2018 to December 31, 2018. The second tranche of 2018 PRSUs ("Tranche 2 2018 PRSUs") was to be earned based on performance of predetermined Adjusted EBITDA and Adjusted Earnings Per Share performance goals during the period of January 1, 2019 to December 31, 2019.
- [F4](Continued from footnote 3) The third tranche of 2018 PRSUs ("Tranche 3 2018 PRSUs") was to be earned based on performance of predetermined Adjusted EBITDA and Adjusted Earnings Per Share performance goals during the period of January 1, 2020 to December 31, 2020. The fourth tranche of 2018 PRSUs ("Tranche 4 2018 PRSUs") was to be earned based on performance of predetermined cumulative Adjusted EBITDA and Adjusted Earnings Per Share performance goals during the three-year period of January 1, 2018 to December 31, 2020. Each tranche would be deemed earned, if at all, following the certification of performance goal attainment by the Compensation Committee following the applicable performance period and would vest, subject to continued employment through such date, on December 31, 2020.
- [F5]The reported number of securities represents the Tranche 2 2018 PRSUs that were deemed earned on February 21, 2020 (following certification of the performance metric for the applicable performance period) and that vest on December 31, 2020.
Documents
Issuer
Univar Solutions Inc.
CIK 0001494319
Entity typeother
Related Parties
1- filerCIK 0001287769
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 5:05 PM ET
- Size
- 10.3 KB