SEC Form 4 · accession 0001080730-15-000001
MERCER INTERNATIONAL INC. · MERC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jimmy S H Lee
Officer — Chief Executive Officer · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 1:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333274
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2,F1 | $0.00 | Dec 31, 2014 | A | 42,077 | A | — | — | Common Stock | 42,077 | 42,077 | D |
Explanation of responses
- F1Each performance share unit represents a right to receive one share of common stock of Mercer International Inc.
- F2Represents the vesting on December 31, 2014 of the second tranche of performance share units awarded to the reporting person based on the achievement of certain specified performance criteria, including company performance, share price performance and individual performance during the 2011 to 2013 performance period.