SEC Form 4 · accession 0001209191-17-014047
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 21, 2017
Accepted (ET)
Feb 23, 2017 · 7:40 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 | 1,012 | $0.00 | A | 10,651 | D | |
| Common Stock | Feb 21, 2017 | A | 697 | $0.00 | A | 11,348 | D | |
| Common Stock | Feb 21, 2017 | D | 0 | $39.81 | D | 11,348 | D | |
| Common Stock | Feb 21, 2017 | F | 553 | $39.81 | D | 10,795 | 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 | 1,012 | D | Feb 21, 2017 | Feb 21, 2017 | Common Stock | 1,012 | 0 | D |
| Performance Stock UnitsF1,F2 | — | Feb 21, 2017 | A | 1,307 | A | — | — | Common Stock | 1,307 | 3,487 | D |
| Performance Stock UnitsF1,F3 | — | Feb 21, 2017 | A | 2,412 | A | — | — | Common Stock | 2,412 | 2,412 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 21, 2017 | A | 5,971 | A | — | — | Common Stock | 5,971 | 5,971 | D |
| Employee Stock Options (Right to buy)F5 | $39.81 | Feb 21, 2017 | A | 11,183 | A | — | Feb 21, 2024 | Common Stock | 11,183 | 11,183 | 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.