SEC Form 4 · accession 0001209191-17-014046
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 21, 2017
Accepted (ET)
Feb 23, 2017 · 7:39 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 21, 2017 | M | 1,418 | $0.00 | A | 15,526 | D | |
| Common Stock | Feb 21, 2017 | A | 977 | $0.00 | A | 16,503 | D | |
| Common Stock | Feb 21, 2017 | D | 0 | $39.81 | D | 16,503 | D | |
| Common Stock | Feb 21, 2017 | F | 1,277 | $39.81 | D | 15,226 | 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 21, 2017 | M | 1,418 | D | Feb 21, 2017 | Feb 21, 2017 | Common Stock | 1,418 | 0 | D |
| Performance Stock UnitsF1,F2 | — | Feb 21, 2017 | A | 1,595 | A | — | — | Common Stock | 1,595 | 4,258 | D |
| Performance Stock UnitsF1,F3 | — | Feb 21, 2017 | A | 3,285 | A | — | — | Common Stock | 3,285 | 3,285 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 21, 2017 | A | 7,301 | A | — | — | Common Stock | 7,301 | 7,301 | D |
| Employee Stock Options (Right to buy)F5 | $39.81 | Feb 21, 2017 | A | 13,673 | A | — | Feb 21, 2024 | Common Stock | 13,673 | 13,673 | 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 20, 2018, subject to continued service.
- F3Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 19, 2019, subject to continued service.
- F4Restricted Stock Units vest on February 21, 2020, subject to continued service.
- F5The options vest in approximately equal annual installments on the first three anniversaries of the grant date.