SEC Form 4 · accession 0000916480-16-000115

WAUSAU PAPER CORP. · WPP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jan 21, 2016

Accepted (ET)

Jan 22, 2016 · 9:47 am 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	Jan 21, 2016	D	2,760	$10.25	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Equivalent Units^F2	$0.00	Jan 21, 2016	D	3,300	D	—	—	Common Stock	3,300	0	D
Restricted Stock Units^F3	$0.00	Jan 21, 2016	D	13,748	D	—	—	Common Stock	13,748	0	D

F1Disposed of pursuant to an agreement and plan of merger dated October 12, 2015 by and among issuer, SCA Americas Inc ., and Salmon Acquisition, Inc. (the "Merger" ) in which the issuer's common stock holders, within three days of the effective date of the Merger, were entitled to receive the merger consideration of $10.25 per common share.
F2Stock equivalent units accrued under the Wausau Paper Corp. Deferred Compensation Plan for Directors. Pursuant to an agreement and plan of merger dated October 12, 2015 by and among issuer, SCA Americas Inc., and Salmon Acquisition, Inc. (the "Merger"), the director has incurred a termination of service and is entitled to a cash payment equal to the merger consideration of $10.25 per share multiplied by the number of shares of common stock equivalent units.
F3Each unit represented right to receive one share of issuer's common stock upon termination of service as a director, unless deferred at election of reporting person. Pursuant to the Merger, the award was cancelled in exchange for a cash payment equal to the merger consideration of $10.25 per share multiplied by the number of shares of common stock subject to such performance unit award.