SEC Form 4 · accession 0001080730-19-000004
MERCER INTERNATIONAL INC. · MERC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adolf Koppensteiner
Officer — Chief Operating Officer
Period of report
Feb 14, 2019
Accepted (ET)
Feb 15, 2019 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333274
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 14, 2019 | M | 30,078 | $0.00 | A | 34,754 | D | |
| Common StockF2 | Feb 14, 2019 | F | 15,039 | $15.03 | D | 19,715 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3 | $0.00 | Feb 14, 2019 | A | 30,078 | A | — | — | Common Stock | 30,078 | 30,078 | D |
| Performance Share UnitsF1 | $0.00 | Feb 14, 2019 | M | 30,078 | D | — | — | Common Stock | 30,078 | 0 | D |
Explanation of responses
- F1Represents the conversion of vested performance share units ("PSUs").
- F2Represents the average of the intraday high and low trading price on February 14, 2019.
- F3Represents the vesting on February 13, 2019 of PSUs 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 2016 to 2018 performance period.