0001628280-24-016080.txt : 20240412 0001628280-24-016080.hdr.sgml : 20240412 20240412163350 ACCESSION NUMBER: 0001628280-24-016080 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240412 FILED AS OF DATE: 20240412 DATE AS OF CHANGE: 20240412 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scanlon Jennifer F. CENTRAL INDEX KEY: 0001426641 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-42012 FILM NUMBER: 24841953 MAIL ADDRESS: STREET 1: 550 WEST ADAMS STREET CITY: CHICAGO STATE: IL ZIP: 60661 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UL Solutions Inc. CENTRAL INDEX KEY: 0001901440 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TESTING LABORATORIES [8734] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 270913800 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 333 PFINGSTEN ROAD CITY: NORTHBROOK STATE: IL ZIP: 60062 BUSINESS PHONE: (847) 272-8800 MAIL ADDRESS: STREET 1: 333 PFINGSTEN ROAD CITY: NORTHBROOK STATE: IL ZIP: 60062 FORMER COMPANY: FORMER CONFORMED NAME: UL Inc. DATE OF NAME CHANGE: 20211227 3 1 wk-form3_1712954019.xml FORM 3 X0206 3 2024-04-12 0 0001901440 UL Solutions Inc. ULS 0001426641 Scanlon Jennifer F. C/O UL SOLUTIONS INC. 333 PFINGSTEN ROAD NORTHBROOK IL 60662 1 1 0 0 President and CEO Stock Appreciation Right 13.15 2023-04-01 2025-04-01 Class A Common Stock 131212 D Stock Appreciation Right 13.15 2024-03-01 2026-03-01 Class A Common Stock 145130 D Stock Appreciation Right 30.06 2025-04-01 2027-04-01 Class A Common Stock 133112 D Stock Appreciation Right 26.07 2022-10-01 2024-10-01 Class A Common Stock 42974 D Stock Appreciation Right 28.34 2026-04-01 2028-04-01 Class A Common Stock 148396 D The stock appreciation rights currently can only be settled in cash in an amount equal to the difference between the exercise price and the value of the Issuer's Common Stock at the time of exercise. In connection with the closing of the Issuer's initial public offering, the cash-settled stock appreciation rights will be converted to stock appreciation rights that will be settled in shares of the Issuer's Class A Common Stock. There will be no adjustment to the number or exercise price of the stock appreciation rights in connection with the conversion. Exhibit 24 - Power of Attorney. /s/ Ryan Robinson, Attorney-in-Fact for Jennifer Scanlon 2024-04-12 EX-24 2 exhibit24-jenniferfscanlon.htm EX-24 Document
EXHIBIT 24
POWER OF ATTORNEY
With respect to holdings of and transactions in securities issued by UL Solutions Inc. (the “Company”), the undersigned hereby constitutes and appoints the individuals named on Schedule A attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned’s true and lawful attorney-in-fact to:
1.execute for and on behalf of the undersigned, Schedules 13D and 13G in accordance with Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder, and Forms 3, 4, and 5 in accordance with Section 16 of the Exchange Act and the rules thereunder;
2.do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Schedule 13D or 13G or Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such schedule or form with the SEC and any stock exchange or similar authority; and
3.take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorneys-in-fact substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.
The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 13 and Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Schedule 13D and 13G and Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 25 day of July, 2022.
/s/ Jennifer F. Scanlon
Jennifer F. Scanlon


Schedule A
Individuals Appointed as Attorney-in-Fact with Full Power of Substitution and Resubstitution
Jennifer F. Scanlon
Ryan D. Robinson
Jacqueline K. McLaughlin
Kevin Arns