SEC Form 4 · accession 0001181431-15-003386
Domtar CORP · UFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Loulou
Officer — SVP, Corporate Development
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:29 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 | 152 | $0.00 | A | 16,002 | D | |
| Common Stock | Feb 23, 2015 | A | 414 | $0.00 | A | 16,417 | D | |
| Common Stock | Feb 23, 2015 | D | 1 | $43.42 | D | 16,416 | D | |
| Common Stock | Feb 23, 2015 | F | 284 | $43.42 | D | 16,132 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 23, 2015 | A | 2,927 | A | — | — | Common Stock | 2,927 | 2,927 | D |
| Performance Stock UnitsF1 | — | Feb 23, 2015 | M | 152 | D | Feb 23, 2015 | Feb 23, 2015 | Common Stock | 152 | 0 | D |
| Performance Stock UnitsF1,F3 | — | Feb 23, 2015 | A | 782 | A | — | — | Common Stock | 782 | 1,071 | D |
| Employee Stock Option (right to buy)F4 | $43.42 | Feb 23, 2015 | A | 5,084 | A | — | Feb 23, 2022 | Common Stock | 5,084 | 5,084 | D |
| Performance Stock UnitsF1,F5 | — | Feb 23, 2015 | A | 307 | A | — | — | Common Stock | 307 | 307 | D |
Explanation of responses
- F1Each Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock.
- F2Restricted Stock Units vest on February 23, 2018, subject to continued service.
- F3Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 22, 2016, subject to continued service.
- F4The options vest in approximately equal annual installments on the first three anniversaries of the grant date.
- F5Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 21, 2017, subject to continued service.