SEC Form 4 · accession 0001209191-16-112233
Clearwater Paper Corp · CLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Danny G. Johansen
Officer — Sr. V.P.
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 4:19 pm EDT
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,F2 | Mar 31, 2016 | D | 1,729 | $0.00 | D | 18,025 | D | |
| Common Stock | holding | — | — | — | 6,136 | I | 401(k) |
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 | $38.75 | Mar 31, 2016 | D | 7,781 | D | Dec 31, 2018 | Feb 25, 2026 | Common Stock | 7,781 | 16,495 | D |
Explanation of responses
- F1Represents restricted stock units ("RSUs"). RSUs may be settled only for shares of common stock on a one-for-one basis.
- F2These shares represent RSUs granted on February 25, 2016 to Mr. Johansen that were forfeited upon his retirement pursuant to the Clearwater Paper Corporation Amended and Restated 2008 Stock Incentive Plan.
- F3These shares represent Stock Options granted on February 25, 2016 to Mr. Johansen that were forfeited upon his retirement pursuant to the Clearwater Paper Corporation Amended and Restated 2008 Stock Incentive Plan.