0001599489-23-000146.txt : 20231130
0001599489-23-000146.hdr.sgml : 20231130
20231130120613
ACCESSION NUMBER: 0001599489-23-000146
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231130
FILED AS OF DATE: 20231130
DATE AS OF CHANGE: 20231130
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Calderwood Daniel B
CENTRAL INDEX KEY: 0001828699
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36479
FILM NUMBER: 231454716
MAIL ADDRESS:
STREET 1: 1000 ABERNATHY ROAD, SUITE 1700
STREET 2: BUILDING 400
CITY: ATLANTA
STATE: GA
ZIP: 30028
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Veritiv Corp
CENTRAL INDEX KEY: 0001599489
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PAPER AND PAPER PRODUCTS [5110]
IRS NUMBER: 463234977
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 ABERNATHY ROAD NE
STREET 2: BUILDING 400, SUITE 1700
CITY: ATLANTA
STATE: GA
ZIP: 30328
BUSINESS PHONE: (770) 391-8200
MAIL ADDRESS:
STREET 1: 1000 ABERNATHY ROAD NE
STREET 2: BUILDING 400, SUITE 1700
CITY: ATLANTA
STATE: GA
ZIP: 30328
FORMER COMPANY:
FORMER CONFORMED NAME: xpedx Holding Co
DATE OF NAME CHANGE: 20140207
4
1
wk-form4_1701363964.xml
FORM 4
X0508
4
2023-11-30
1
0001599489
Veritiv Corp
VRTV
0001828699
Calderwood Daniel B
1000 ABERNATHY ROAD NE
BUILDING 400, SUITE 1700
ATLANTA
GA
30328-3091
0
1
0
0
SVP Mktg. and Facility Solut.
0
Common Stock
2023-11-30
4
D
0
9425
170
D
0
I
By LLC
Common Stock
2023-11-30
4
D
0
8311
170
D
0
D
Performance Share Units
2023-11-30
4
D
0
3292
170
D
Common Stock
3292
0
D
Pursuant to the Agreement and Plan of Merger, dated as of August 6, 2023 (as it has been or may be amended, supplemented, waived or otherwise modified in accordance with its terms, the "Merger Agreement") by and among Veritiv Corporation (the "Company"), Verde Purchaser, LLC, a Delaware limited liability company ("Parent") that is affiliated with Clayton, Dubilier & Rice, LLC, and Verde Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent, on November 30, 2023 (the "Effective Time"), each issued and outstanding share of the Company's common stock, par value $0.01 per share ("Common Stock"), was cancelled and converted into the right to receive $170 per share in cash, without interest (the "Merger Consideration").
Pursuant to the Merger Agreement, at the Effective Time, each then outstanding award of service-based restricted stock units of the Company (each, a "Company RSU Award"), whether or not vested, and whether settleable in shares of Common Stock or cash, was cancelled, and each holder will receive an amount in cash equal to (i) the Merger Consideration per share of Common Stock multiplied by (ii) the number of shares of Common Stock subject to such Company RSU Award.
The performance share units (each, a "Company PSU Award") were eligible to be earned based on achievement of pre-established performance goals during the respective performance period (January 1, 2022 - December 31, 2024, and January 1, 2023 - December 31, 2025).
Pursuant to the Merger Agreement, at the Effective Time, each then outstanding Company PSU Award, whether or not vested, and whether settleable in shares of Common Stock or cash, was cancelled, and each holder will receive an amount in cash equal to (i) the Merger Consideration per share of Common Stock multiplied by (ii) the target number of performance share units subject to such Company PSU Award.
/s/ Susan B. Salyer, Attorney-in-Fact for Daniel B. Calderwood
2023-11-30