SEC Form 4 · accession 0001209191-16-118163
LOUISIANA-PACIFIC CORP · LPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis M Stevens
Officer — CEO
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 5:02 pm EDT
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 | May 4, 2016 | M | 200,000 | $17.23 | A | 559,418 | D | |
| Common Stock | May 4, 2016 | F | 83,900 | $17.23 | D | 475,518 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1 | $0.00 | May 4, 2012 | M | 200,000 | D | May 4, 2016 | May 4, 2016 | Common Stock | 200,000 | 0 | D |
Explanation of responses
- F1Each performance right equals one contingent right to receive one share of LPX common stock. The performance rights vesting is contingent upon LPX's common stock achieving certain pre-defined market price levels during pre-determine intervals and continued employment throughout May 4, 2016.