SEC Form 4 · accession 0001209191-19-012099
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 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:53 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 StockF1,F2 | Feb 20, 2019 | S | 6,000 | $53.37 | D | 4,982 | D | |
| Common Stock | Feb 20, 2019 | M | 7,591 | $38.35 | A | 12,573 | D | |
| Common StockF3 | Feb 20, 2019 | S | 7,591 | $53.46 | D | 4,982 | 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 UnitsF4,F5 | — | Feb 19, 2019 | A | 5,476 | A | — | — | Common Stock | 5,476 | 7,995 | D |
| Performance Stock UnitsF4,F6 | — | Feb 19, 2019 | A | 5,303 | A | — | — | Common Stock | 5,303 | 5,303 | D |
| Restricted Stock UnitsF4,F7 | — | Feb 19, 2019 | A | 8,097 | A | — | — | Common Stock | 8,097 | 8,097 | D |
| Employee Stock Options (Right to Buy) | $38.35 | Feb 20, 2019 | M | 7,591 | D | Feb 19, 2016 | Feb 19, 2020 | Common Stock | 7,591 | 0 | D |
Explanation of responses
- F1Shares being sold represent 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 $53.36 to $53.38. 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.
- F3This transaction was executed in multiple trades at prices ranging from $53.38 to $53.52. 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.
- F4Each Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock.
- F5Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 21, 2020, subject to continued service.
- F6Performance Stock Units (PSUs) for which performance goals have been achieved. These PSUs will vest on February 20, 2021, subject to continued service.
- F7Restricted Stock Units vest on February 19, 2022, subject to continued service.