SEC Form 4 · accession 0001209191-19-013716
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, 2019
Accepted (ET)
Feb 26, 2019 · 6:16 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, 2019 | M | 16,373 | $43.66 | A | 16,373 | D | |
| Common Stock | Feb 22, 2019 | M | 16,844 | $39.81 | A | 33,217 | D | |
| Common Stock | Feb 22, 2019 | M | 17,562 | $33.78 | A | 50,779 | D | |
| Common StockF1 | Feb 22, 2019 | S | 50,379 | $52.72 | D | 400 | D | |
| Common StockF2 | Feb 22, 2019 | S | 400 | $53.64 | D | 0 | D | |
| Common StockF3 | Feb 22, 2019 | M | 35,848 | $0.00 | A | 35,848 | D | |
| Common StockF4 | Feb 22, 2019 | D | 1 | $52.69 | D | 35,847 | D | |
| Common StockF5 | Feb 22, 2019 | F | 16,616 | $52.69 | D | 19,231 | D | |
| Common StockF6 | Feb 22, 2019 | M | 24,179 | $0.00 | A | 43,410 | D | |
| Common StockF6 | Feb 22, 2019 | A | 30,054 | $0.00 | A | 73,464 | D | |
| Common StockF4 | Feb 22, 2019 | D | 1 | $52.36 | D | 73,463 | D | |
| Common StockF5 | Feb 22, 2019 | F | 25,137 | $52.36 | D | 48,326 | D | |
| Common StockF7,F8 | Feb 25, 2019 | S | 47,176 | $52.30 | D | 1,150 | 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) | $43.66 | Feb 22, 2019 | M | 16,373 | D | Feb 20, 2019 | Feb 20, 2025 | Common Stock | 16,373 | 32,749 | D |
| Employee Stock Option (Right to Buy) | $39.81 | Feb 22, 2019 | M | 16,844 | D | Feb 21, 2019 | Feb 21, 2024 | Common Stock | 16,844 | 16,846 | D |
| Employee Stock Options (Right to Buy) | $33.78 | Feb 22, 2019 | M | 17,562 | D | Feb 22, 2019 | Feb 22, 2023 | Common Stock | 17,562 | 0 | D |
| Restricted Stock UnitsF9 | — | Feb 22, 2019 | M | 35,848 | D | Feb 22, 2019 | Feb 22, 2019 | Common Stock | 35,848 | 0 | D |
| Performance Stock UnitsF9 | — | Feb 22, 2019 | M | 24,179 | D | Feb 22, 2019 | Feb 22, 2019 | Common Stock | 24,179 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $52.50 to $53.41. 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.
- F2This transaction was executed in multiple trades at prices ranging from $53.60 to $53.65. 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.
- F3Settlement of Restricted Stock Units (RSUs) that vested on February 22, 2019.
- F4Fractional RSU/PSU settled in cash.
- F5Payment of tax liability by witholding Securities incident to the settlement of RSUs/PSUs.
- F6Settlement of Performance Stock Units (PSUs) that vested on February 22, 2019
- F7Shares being sold represent settled RSUs/PSUs which are an integral part of Domtar Corporation's long-term incentive compensation program.
- F8This transaction was executed in multiple trades at prices ranging from $52.14 to $52.60. 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.
- F9Each Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock.