SEC Form 4 · accession 0001209191-15-020384

Clearwater Paper Corp · CLW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — Vice President, Controller

Period of report

Feb 26, 2015

Accepted (ET)

Mar 2, 2015 · 5:38 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001441236

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 26, 2015	S	381	$61.92	D	1,316	D
Common Stock^F1	Feb 26, 2015	A	1,683	$61.75	A	2,999	D
Common Stock^F2	Feb 26, 2015	F	522	$61.75	D	2,477	D
Common Stock^F3,F4	Feb 26, 2015	A	544	$0.00	A	3,021	D
Common Stock	holding	—	—		—	549	I	401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F5	$69.48	Feb 26, 2015	A	2,445	A	—	Feb 26, 2025	Common Stock	2,445	4,794	D

F1Represents aggregate number of shares of common stock issuable in settlement of 2012-2014 Performance Share Grant.
F2Represents shares withheld by Clearwater Paper Corporation to satisfy tax withholding requirements due at settlement of 2012-2014 Performance Share grant.
F3Represents award of restricted stock units ("RSUs"). RSUs may be settled only for shares of common stock on a one-for-one basis.
F4Represents award of RSUs that will vest on December 31, 2017 assuming continued employment. During the vesting period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs.
F5The option becomes exercisable on December 31, 2017, assuming continued employment.