SEC Form 4 · accession 0001181431-15-003390
Domtar CORP · UFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Buron
Officer — Senior VP and CFO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:31 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 | 252 | $0.00 | A | 7,583 | D | |
| Common Stock | Feb 23, 2015 | A | 686 | $0.00 | A | 8,269 | D | |
| Common Stock | Feb 23, 2015 | D | 0 | $43.42 | D | 8,269 | D | |
| Common Stock | Feb 23, 2015 | F | 469 | $43.42 | D | 7,800 | 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 | 4,457 | A | — | — | Common Stock | 4,457 | 4,457 | D |
| Performance Stock UnitsF1 | — | Feb 23, 2015 | M | 252 | D | Feb 23, 2015 | Feb 23, 2015 | Common Stock | 252 | 0 | D |
| Performance Stock UnitsF1,F3 | — | Feb 23, 2015 | A | 1,191 | A | — | — | Common Stock | 1,191 | 1,630 | D |
| Employee Stock Option (right to buy)F4 | $43.42 | Feb 23, 2015 | A | 7,741 | A | — | Feb 23, 2022 | Common Stock | 7,741 | 7,741 | D |
| Performance Stock UnitsF1,F5 | — | Feb 23, 2015 | A | 467 | A | — | — | Common Stock | 467 | 467 | 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.