SEC Form 4 · accession 0001181431-15-002194
LOUISIANA-PACIFIC CORP · LPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Eugene Luoma
Officer — Senior Vice President
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 7:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000060519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2015 | A | 7,042 | $0.00 | A | 42,003 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Stock Appreciation RightsF1 | $17.04 | Feb 5, 2015 | A | 22,727 | A | Feb 5, 2016 | Feb 5, 2025 | Common Stock | 22,727 | 0 | D |
| Performance SharesF2 | $0.00 | Feb 5, 2015 | A | 4,695 | D | Feb 5, 2018 | Feb 5, 2018 | Common Stock | 4,695 | 0 | D |
Explanation of responses
- F1Award granted pursuant to Louisiana Pacific Corporation 2013 Omnibus plan. Shares vest 1/3 each year starting on the date indicated.
- F2Each performance share converts into the number of shares of common stock by applying a payout factor to the target number of shares vesting on a given date. The payout factor can be from 0 to 200% depending upon performance realized.