WAUSAU PAPER CORP. 4
4 · WAUSAU PAPER CORP. · Filed Jan 22, 2016
Insider Transaction Report
Form 4
HUMPHREY G WATTS JR
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2016-01-21−35,844.19→ 0 totalExercise: $0.00→ Common Stock (35,844.19 underlying) - Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 totalExercise: $13.57Exp: 2027-06-23→ Common Stock (3,000 underlying) - Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 totalExercise: $9.90Exp: 2020-04-22→ Common Stock (3,000 underlying) - Disposition to Issuer
No Par Value Common Stock
2016-01-21$10.25/sh−8,200$84,050→ 0 total - Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 totalExercise: $8.43Exp: 2028-04-17→ Common Stock (3,000 underlying) - Disposition to Issuer
Common Stock (Right to Buy)
2016-01-21−3,000→ 0 totalExercise: $6.96Exp: 2019-04-16→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]Disposed of 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" ) in which the issuer's common stock holders, within three days of the effective date of the Merger, were entitled to receive the merger consideration of $10.25 per common share.
- [F2]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.
- [F3]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.
- [F4]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.