WAUSAU PAPER CORP. 4

4 · WAUSAU PAPER CORP. · Filed Feb 23, 2015

Insider Transaction Report

Form 4

Period: 2015-02-19

WAUSAU PAPER CORP.WPP

URMANSKI MATTHEW L

President and COO

Transactions

Exercise/Conversion
No Par Value Common Stock
[F1]
2015-02-19−4,686→ 26,187.414 total
Award
Performance Rights
[F2][F3]
2015-02-17+16.135→ 5,125.527 total
Exercise: $0.00From: 2015-01-02Exp: 2015-01-02→ Common Stock (16.135 underlying)
Award
Performance Rights
[F2][F4]
2015-02-17+11.952→ 3,796.786 total
Exercise: $0.00From: 2015-01-03Exp: 2015-01-03→ Common Stock (11.952 underlying)
Award
Performance Rights
[F2][F5]
2015-02-17+47.003→ 14,931.39 total
Exercise: $0.00From: 2015-03-01Exp: 2015-03-01→ Common Stock (47.003 underlying)
Award
Performance Rights
[F2][F6]
2015-02-17+69.912→ 22,208.566 total
Exercise: $0.00From: 2016-01-02Exp: 2016-01-02→ Common Stock (69.912 underlying)
Award
Performance Rights
[F2][F7]
2015-02-17+51.047→ 16,215.964 total
Exercise: $0.00From: 2017-01-03Exp: 2017-01-03→ Common Stock (51.047 underlying)
Exercise/Conversion
Performance Rights
[F8]
2015-02-19−8,922.313→ 0 total
Exercise: $0.00→ Common Stock (8,922.313 underlying)

Footnotes (8)

[F1]Settlement of performance rights fully vested and exercisable on January 2, 2015 and January 3, 2015.
[F2]Converts to common stock on a one-for-one basis.
[F3]On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 2, 2015.
[F4]On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 3, 2015.
[F5]On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or March 1, 2015.
[F6]On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 2, 2016.
[F7]On June 19, 2014, the performance rights vested in accordance with the change in control provisions included in the performance rights grant agreement. The rights are fully vested and are exercisable at the earlier of the Reporting Person's separation from the issuer or January 3, 2017.
[F8]Performance rights settled in common stock and cash on February 19, 2015 for those rights fully vested and exercisable on January 2, 2015 and January 3, 2015. Number of rights settled in common stock are reported in Table I.

Signature

Robert J. Gitter, Attorney-in-Fact|2015-02-23

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