MERCER INTERNATIONAL INC. 4
4 · MERCER INTERNATIONAL INC. · Filed Jan 7, 2016
Insider Transaction Report
Form 4
Cooper David Michael
VP Sales & Marketing, Europe
Transactions
- Tax Payment
Common Stock
2016-01-05$8.96/sh−3,987$35,724→ 35,505 total - Exercise/Conversion
Common Stock
2016-01-05+9,492→ 39,492 total - Exercise/Conversion
Performance Share Units
2016-01-05−9,492→ 0 totalExercise: $0.00→ Common Stock (9,492 underlying)
Footnotes (3)
- [F1]Each performance unit represents a right to receive one share of common stock of Mercer International Inc.
- [F2]Represents the average of the intraday high and low trading price on January 5, 2016.
- [F3]Represents the vesting on December 31, 2015 of the third tranche of performance share units awarded to the reporting person based on the achievement of certain specified performance criteria, including company performance, share price performance and individual performance during the 2011 to 2013 performance period.