SEC Form 4 · accession 0000916480-15-000049
WAUSAU PAPER CORP. · WPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary W Freels
Director
Period of report
Jun 15, 2015
Accepted (ET)
Jul 2, 2015 · 2:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000105076
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Equivalent UnitsF1,F2 | $0.00 | Jun 15, 2015 | A | 50 | A | — | — | Common Stock | 50 | 15,580 | D |
| Restricted Stock UnitsF3 | $0.00 | Jun 15, 2015 | A | 120 | A | — | — | Common Stock | 120 | 37,041 | D |
Explanation of responses
- F1Converts to common stock on a one-for-one basis.
- F2Stock equivalent units accrued under the Wausau Paper Corp. Deferred Compensation Plan for Directors; the value of the units is paid in cash at Director's termination of service.
- F3Each unit represents right to receive one share of issuer's common stock upon termination of service as a director, unless deferred at election of reporting person.