SEC Form 4 · accession 0001209191-16-101949
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 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 | 6,472 | $0.00 | A | 19,095 | D | |
| Common Stock | Feb 22, 2016 | A | 10,368 | $0.00 | A | 29,463 | D | |
| Common Stock | Feb 22, 2016 | D | 1 | $33.78 | D | 29,462 | D | |
| Common Stock | Feb 22, 2016 | F | 7,035 | $33.78 | D | 22,427 | 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 | 6,472 | D | Feb 22, 2016 | Feb 22, 2016 | Common Stock | 6,472 | 0 | D |
| Performance Stock UnitsF1,F2 | — | Feb 22, 2016 | A | 4,256 | A | — | — | Common Stock | 4,256 | 6,347 | D |
| Performance Stock UnitsF1,F3 | — | Feb 22, 2016 | A | 14,031 | A | — | — | Common Stock | 14,031 | 14,031 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 22, 2016 | A | 31,800 | A | — | — | Common Stock | 31,800 | 31,800 | D |
| Employee Stock Options (Right to buy)F5 | $33.78 | Feb 22, 2016 | A | 52,684 | A | — | Feb 22, 2023 | Common Stock | 52,684 | 52,684 | 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.