SEC Form 4 · accession 0000916480-16-000090
WAUSAU PAPER CORP. · WPP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary W Freels
Director
Period of report
Dec 22, 2015
Accepted (ET)
Jan 5, 2016 · 2:56 pm EST
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 | Dec 22, 2015 | A | 46 | A | — | — | Common Stock | 46 | 15,680 | D |
| Restricted Stock UnitsF3 | $0.00 | Dec 22, 2015 | A | 109 | A | — | — | Common Stock | 109 | 37,279 | 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.