SEC Form 4 · accession 0001209191-16-101948
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 22, 2016
Accepted (ET)
Feb 24, 2016 · 4:43 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 | 1,070 | $0.00 | A | 18,876 | D | |
| Common Stock | Feb 22, 2016 | A | 1,716 | $0.00 | A | 20,592 | D | |
| Common Stock | Feb 22, 2016 | D | 1 | $33.78 | D | 20,591 | D | |
| Common Stock | Feb 22, 2016 | F | 1,485 | $33.78 | D | 19,106 | 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 | 1,070 | D | Feb 22, 2016 | Feb 22, 2016 | Common Stock | 1,070 | 0 | D |
| Performance Stock UnitsF1,F2 | — | Feb 22, 2016 | A | 625 | A | — | — | Common Stock | 625 | 932 | D |
| Performance Stock UnitsF1,F3 | — | Feb 22, 2016 | A | 1,749 | A | — | — | Common Stock | 1,749 | 1,749 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 22, 2016 | A | 4,729 | A | — | — | Common Stock | 4,729 | 4,729 | D |
| Employee Stock Options (Right to buy)F5 | $33.78 | Feb 22, 2016 | A | 7,835 | A | — | Feb 22, 2023 | Common Stock | 7,835 | 7,835 | 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.