Home/Filings/4/0001181431-10-063674
4//SEC Filing

Litton W Edwin 4

Accession 0001181431-10-063674

CIK 0001295976other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 7:22 PM ET

Size

16.4 KB

Accession

0001181431-10-063674

Insider Transaction Report

Form 4
Period: 2010-12-27
Litton W Edwin
Gen'l Counsel, Sr. V.P.
Transactions
  • Disposition to Issuer

    Stock Option

    2010-12-273,1640 total
    Exercise: $2.55Exp: 2016-08-15Common Stock (3,164 underlying)
  • Disposition to Issuer

    Stock Option

    2010-12-273,8420 total
    Exercise: $5.64Exp: 2018-04-07Common Stock (3,842 underlying)
  • Disposition to Issuer

    Stock Option

    2010-12-273,1640 total
    Exercise: $2.55Exp: 2016-12-03Common Stock (3,164 underlying)
  • Disposition to Issuer

    Stock Option

    2010-12-273,5030 total
    Exercise: $5.85Exp: 2017-04-09Common Stock (3,503 underlying)
  • Disposition to Issuer

    Stock Option

    2010-12-2716,7350 total
    Exercise: $5.28Exp: 2019-04-13Common Stock (16,735 underlying)
  • Disposition to Issuer

    Stock Option

    2010-12-279,7060 total
    Exercise: $11.45Exp: 2020-01-27Common Stock (9,706 underlying)
Footnotes (1)
  • [F1]On December 27, 2010, a wholly owned subsidiary of Clearwater Paper Corporation merged with Cellu Tissue Holdings, Inc. pursuant to a merger agreement entered into between Clearwater Paper and Cellu Tissue on September 15, 2010 (the "Merger"), as more fully described in the Cellu Tissue proxy statement dated December 1, 2010 filed with the SEC. In connection with the Merger, each outstanding Cellu Tissue option to purchase shares of common stock, whether or not vested, was cancelled and Reporting Person received a cash payment in an amount equal to the number of shares of common stock represented by each option, vested or unvested, multiplied by the excess, if any, of $12.00 over the exercise price per share under each option. Reporting Person's disposition of options in the Merger was approved by the Cellu Tissue board of directors.

Issuer

Cellu Tissue Holdings, Inc.

CIK 0001295976

Entity typeother

Related Parties

1
  • filerCIK 0001480566

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 7:22 PM ET
Size
16.4 KB