SEC Form 4 · accession 0000916480-15-000021
WAUSAU PAPER CORP. · WPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew L Urmanski
Officer — President and COO
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000105076
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| No Par Value Common StockF1 | Feb 19, 2015 | M | 4,686 | $0.00 | D | 26,187 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF2,F3 | $0.00 | Feb 17, 2015 | A | 16 | A | Jan 2, 2015 | Jan 2, 2015 | Common Stock | 16 | 5,126 | D |
| Performance RightsF2,F4 | $0.00 | Feb 17, 2015 | A | 12 | A | Jan 3, 2015 | Jan 3, 2015 | Common Stock | 12 | 3,797 | D |
| Performance RightsF2,F5 | $0.00 | Feb 17, 2015 | A | 47 | A | Mar 1, 2015 | Mar 1, 2015 | Common Stock | 47 | 14,931 | D |
| Performance RightsF2,F6 | $0.00 | Feb 17, 2015 | A | 70 | A | Jan 2, 2016 | Jan 2, 2016 | Common Stock | 70 | 22,209 | D |
| Performance RightsF2,F7 | $0.00 | Feb 17, 2015 | A | 51 | A | Jan 3, 2017 | Jan 3, 2017 | Common Stock | 51 | 16,216 | D |
| Performance RightsF8 | $0.00 | Feb 19, 2015 | M | 8,922 | D | — | — | Common Stock | 8,922 | 0 | D |
Explanation of responses
- F1Settlement of performance rights fully vested and exercisable on January 2, 2015 and January 3, 2015.
- F2Converts to common stock on a one-for-one basis.
- F3On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 2, 2015.
- F4On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 3, 2015.
- F5On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or March 1, 2015.
- F6On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 2, 2016.
- F7On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 3, 2017.
- F8Performance rights settled in common stock and cash on February 19, 2015 for those rights fully vested and exercisable on January 2, 2015 and January 3, 2015. Number of rights settled in common stock are reported in Table I.