SEC Form 4/A · accession 0001209191-17-061034
Resolute Forest Products Inc. · RFP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Richard Garneau
Officer — President & CEO · Director
Period of report
Nov 9, 2017
Accepted (ET)
Nov 16, 2017 · 7:45 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393066
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Nov 9, 2017 | F | 19,841 | D | — | — | Common Stock | 19,841 | 365,009 | D |
Explanation of responses
- F1On November 9, 2015, this reporting person was awarded restricted stock units (each an "RSU"), each representing a contingent right to receive one share of Resolute Forest Products Inc. (the "Company") common stock. The terms of such RSUs provide that they vest in four equal annual instalments, and may be settled in cash as necessary to ensure that the number of shares of common stock issued to the reporting person do not exceed the annual limits on the maximum number of shares that may be issued to any one participant during any one-calendar-year period pursuant to the Resolute Forest Products Equity Incentive Plan.
- F2This transaction was originally reported on Table I of Form 4 on November 13, 2017, but should have been reported on Table 2, as these RSUs permit cash settlement as necessary to ensure that the number of shares of common stock issued to the reporting person do not exceed the annual limits on the maximum number of shares that may be issued to any one participant during any one-calendar-year period pursuant to the Resolute Forest Products Equity Incentive Plan. This transaction was settled in Common Stock.