SEC Form 4 · accession 0001209191-16-101945
Domtar CORP · UFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Fagan
Officer — President, Personal Care
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 4:41 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 22, 2016 | M | 948 | $0.00 | A | 17,157 | D | |
| Common Stock | Feb 22, 2016 | A | 1,519 | $0.00 | A | 18,676 | D | |
| Common Stock | Feb 22, 2016 | D | 0 | $33.78 | D | 18,676 | D | |
| Common Stock | Feb 22, 2016 | F | 799 | $33.78 | D | 17,877 | 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 22, 2016 | M | 948 | D | Feb 22, 2016 | Feb 22, 2016 | Common Stock | 948 | 0 | D |
| Performance Stock UnitsF1,F2 | — | Feb 22, 2016 | A | 679 | A | — | — | Common Stock | 679 | 1,012 | D |
| Performance Stock UnitsF1,F3 | — | Feb 22, 2016 | A | 2,181 | A | — | — | Common Stock | 2,181 | 2,181 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 22, 2016 | A | 5,808 | A | — | — | Common Stock | 5,808 | 5,808 | D |
| Employee Stock Options (Right to buy)F5 | $33.78 | Feb 22, 2016 | A | 9,623 | A | — | Feb 22, 2023 | Common Stock | 9,623 | 9,623 | D |
Explanation of responses
- F1Each Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock.
- F2Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 21, 2017, subject to continued service.
- F3Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 20, 2018, subject to continued service.
- F4Restricted Stock Units vest on February 22, 2019, subject to continued service.
- F5The options vest in approximately equal annual installments on the first three anniversaries of the grant date.