Clearwater Paper Corp 4
4 · Clearwater Paper Corp · Filed Mar 1, 2017
Insider Transaction Report
Form 4
HERTZ JOHN
Senior Vice President
Transactions
- Award
Employee Stock Options (right to buy)
2017-02-27+9,663→ 41,691 totalExercise: $56.75Exp: 2027-02-27→ Common Stock (9,663 underlying) - Award
Common Stock
2017-02-27$56.75/sh+2,893$164,178→ 32,955 total - Award
Common Stock
2017-02-27+2,147→ 34,271 total - Tax Payment
Common Stock
2017-02-27$56.75/sh−831$47,159→ 32,124 total
Footnotes (5)
- [F1]Represents aggregate number of shares of common stock issuable in settlement of 2014-2016 Performance Share Grant.
- [F2]Represents shares withheld by Clearwater Paper Corporation to satisfy tax witholding requirements due at settlement of 2014-2016 Performance Share Grant.
- [F3]Represents award of restricted stock units ("RSUs"). RSUs may be settled only for shares of common stock on a one-for-one basis.
- [F4]Represents award of RSUs that will vest 33%, 33%, 34% on March 1, 2018, 2019 and 2020, respectively, assuming continued employment. During the vesting period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs.
- [F5]These options become exercisable 33%, 33% and 34% on March 1, 2018, 2019 and 2020, respectively, assuming continued employment.