SEC Form 4 · accession 0000916480-16-000086
WAUSAU PAPER CORP. · WPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sherri L Craker
Officer — SVP & CFO
Period of report
Dec 22, 2015
Accepted (ET)
Jan 5, 2016 · 2:51 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 Stock | Dec 22, 2015 | J | 91 | $10.25 | A | 31,198 | D | |
| No Par Value Common StockF1 | holding | — | — | — | 660 | I | 401(k) Trust |
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 | Dec 22, 2015 | A | 65 | D | Jan 2, 2016 | Jan 2, 2016 | Common Stock | 65 | 22,423 | D |
| Performance RightsF2,F4 | $0.00 | Dec 22, 2015 | A | 48 | D | Jan 3, 2017 | Jan 3, 2017 | Common Stock | 48 | 16,373 | D |
Explanation of responses
- F1Estimated amount. Represents an unallocated interest in a 401(k) common stock investment fund.
- 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, 2016.
- 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, 2017.