FALCONER RICHARD D 4/A
4/A · Resolute Forest Products Inc. · Filed Jul 27, 2018
Insider Transaction Report
Form 4/AAmended
FALCONER RICHARD D
Director
Transactions
- Award
Deferred Stock Unit
2018-03-31$8.27/sh+1,496$12,372→ 25,482 total→ Common Stock (1,496 underlying)
Footnotes (3)
- [F1]Resolute Forest Products Inc. (the "Company") awarded 1,496 deferred stock units, each a "DSU", to the reporting person, representing deferred director fees. Each DSU is the economic equivalent of one share of the Company's common stock. 1,360 DSU's were fully vested at the time of award, with the balance to vest proportionately on March 31 in each of the three years following the date of grant. Vested DSUs will settle and become payable in cash after the earliest of (i) death or (ii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).
- [F2]This amendment is being filed to correct an administrative error in the number of DSUs awarded. No other changes or amendments have been made to the original filing.
- [F3]Represents the aggregate of all DSUs for deferred director fees beneficially owned by the reporting person.