Corrigan Fredric W 4
4 · Clearwater Paper Corp · Filed Feb 3, 2009
Insider Transaction Report
Form 4
Corrigan Fredric W
Director
Transactions
- Award
Phantom Stock Units
2009-01-30$10.44/sh+13,409.962$140,000→ 13,409.962 totalExercise: $10.44→ Common Stock (13,409.962 underlying)
Footnotes (2)
- [F1]Phantom stock units are credited to the reporting person's account on the transaction date in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors and will be converted to cash and paid on a 1-for-1 basis with the issuer's common stock.
- [F2]Phantom stock units will vest in equal annual installments over a three-year period ending January 14, 2012, assuming continued service as a director. Vested phantom stock units will be converted to cash and paid upon the reporting person's termination from service in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors.