SEC Form 4 · accession 0001181431-15-003384
Domtar CORP · UFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John David Williams
Officer — President and CEO · Director
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001381531
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2015 | M | 1,069 | $0.00 | A | 24,104 | D | |
| Common Stock | Feb 23, 2015 | A | 2,909 | $0.00 | A | 27,013 | D | |
| Common Stock | Feb 23, 2015 | D | 0 | $43.42 | D | 27,013 | D | |
| Common Stock | Feb 23, 2015 | F | 1,948 | $43.42 | D | 25,065 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | — | Feb 23, 2015 | M | 1,069 | D | Feb 23, 2015 | Feb 23, 2015 | Common Stock | 1,069 | 0 | D |
| Restricted Stock UnitsF1 | — | Feb 23, 2015 | A | 23,482 | A | Feb 23, 2018 | Feb 23, 2018 | Common Stock | 23,482 | 23,482 | D |
| Employee Stock Options (Right to Buy)F2 | $43.42 | Feb 23, 2015 | A | 40,789 | A | — | Feb 23, 2022 | Common Stock | 40,789 | 40,789 | D |
| Performance Stock UnitsF1,F3 | — | Feb 23, 2015 | A | 4,728 | A | — | — | Common Stock | 4,728 | 6,472 | D |
| Performance Stock UnitsF1,F4 | — | Feb 23, 2015 | A | 2,090 | A | — | — | Common Stock | 2,090 | 2,090 | D |
Explanation of responses
- F1Each Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock
- F2Stock options will vest in approximately 3 equal annual installments at grant anniversary date.
- F3Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 22, 2016, subject to continued service
- F4Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 21, 2017, subject to continued service