WAUSAU PAPER CORP. 4

Accession 0000916480-16-000111

CIK 0000105076operating

Filed

Jan 21, 7:00 PM ET

Accepted

Jan 22, 9:41 AM ET

Size

21.6 KB

Accession

0000916480-16-000111

Form 4

Period: 2016-01-21

Director

Transactions

Disposition to Issuer
Restricted Stock Units
2016-01-21−37,278.553→ 0 total
Exercise: $0.00→ Common Stock (37,278.553 underlying)
Disposition to Issuer
Common Stock Equivalent Units
2016-01-21−15,679.885→ 0 total
Exercise: $0.00→ Common Stock (15,679.885 underlying)
Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−15,000→ 0 total
Exercise: $8.97Exp: 2020-08-07→ Common Stock (15,000 underlying)
Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−10,000→ 0 total
Exercise: $13.69Exp: 2025-04-21→ Common Stock (10,000 underlying)
Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 total
Exercise: $9.21Exp: 2027-12-19→ Common Stock (3,000 underlying)
Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 total
Exercise: $8.43Exp: 2028-04-17→ Common Stock (3,000 underlying)
Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 total
Exercise: $6.96Exp: 2019-04-16→ Common Stock (3,000 underlying)
Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 total
Exercise: $9.90Exp: 2020-04-22→ Common Stock (3,000 underlying)

Footnotes (5)

[F1]Converts to common stock on a one-for-one basis.
[F2]Stock equivalent units accrued under the Wausau Paper Corp. Deferred Compensation Plan for Directors. Pursuant to an agreement and plan of merger dated October 12, 2015 by and among issuer, SCA Americas Inc., and Salmon Acquisition, Inc. (the "Merger"), the director has incurred a termination of service and is entitled to a cash payment equal to the merger consideration of $10.25 per share multiplied by the number of shares of common stock equivalent units.
[F3]Each unit represented right to receive one share of issuer's common stock upon termination of service as a director, unless deferred at election of reporting person. Pursuant to the Merger, the award was cancelled in exchange for a cash payment equal to the merger consideration of $10.25 per share multiplied by the number of shares of common stock subject to such performance unit award.
[F4]Pursuant to the Merger, this option was cancelled in exchange for a cash payment equal to the product of the excess, if any, of the merger consideration of $10.25 per share over the applicable per share exercise price of the option and the aggregate number of shares of common stock subject to such option.
[F5]Pursuant to the Merger, this option was cancelled with no cash payment since its exercise price was greater than the merger consideration of $10.25 per share.

Documents

1 file

WAUSAU PAPER CORP.

CIK 0000105076

Entity typeoperating

IncorporatedWI