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UL Solutions Inc. — Director's Dealing 2024
Apr 12, 2024
30480_dirs_2024-04-12_60c53e3d-7743-48f6-9e6d-be814b26c9f1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UL Solutions Inc. (ULS)
CIK: 0001901440
Period of Report: 2024-04-12
Reporting Person: PEPPING KAREN K (Senior VP & CAO)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $28.34 | 2028-04-01 | Class A Common Stock (6382) | Direct |
Footnotes
F1: 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.