SEC Form 4 · accession 0001732127-18-000002
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 20, 2018
Accepted (ET)
Feb 21, 2018 · 3:46 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 Stock | Feb 20, 2018 | M | 9,353 | $0.00 | A | 9,353 | D | |
| Common StockF2 | Feb 20, 2018 | F | 4,677 | $13.20 | D | 4,676 | 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 20, 2018 | A | 9,353 | A | — | — | Common Stock | 9,353 | 9,353 | D |
| Performance Share UnitsF1 | $0.00 | Feb 20, 2018 | M | 9,353 | D | — | — | Common Stock | 9,353 | 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 20, 2018.
- F3Represents the vesting on February 20, 2018 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 2015 to 2017 performance period.