SEC Form 4 · accession 0001209191-17-014316
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 23, 2017
Accepted (ET)
Feb 24, 2017 · 4:22 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 23, 2017 | M | 17,561 | $33.78 | A | 33,060 | D | |
| Common StockF1,F2 | Feb 23, 2017 | S | 32,550 | $39.28 | D | 510 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $33.78 | Feb 23, 2017 | M | 17,561 | D | Feb 22, 2017 | Feb 22, 2023 | Common Stock | 17,561 | 0 | D |
Explanation of responses
- F1Shares being sold represent exercised stock options and settled Stock Units which are an integral part of Domtar Corporation's long-term incentive compensation program.
- F2This transaction was executed in multiple trades at prices ranging from $39.12 to $39.53. The price reported above is the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.