SEC Form 4 · accession 0001209191-15-020389
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
Linda K Massman
Officer — President and CEO · Director
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 5:41 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 StockF1 | Feb 26, 2015 | A | 22,136 | $61.75 | A | 204,535 | D | |
| Common StockF2 | Feb 26, 2015 | F | 6,911 | $61.75 | D | 197,624 | 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 Option (right to buy)F3 | $69.48 | Feb 26, 2015 | A | 43,179 | A | — | Feb 26, 2025 | Common Stock | 43,179 | 95,082 | D |
Explanation of responses
- 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.
- F3The option becomes exercisable on December 31, 2017, assuming continued employment.