4//SEC Filing
ROUSSEAU MICHAEL S 4
Accession 0001209191-18-064003
CIK 0001393066other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 7:12 PM ET
Size
9.1 KB
Accession
0001209191-18-064003
Insider Transaction Report
Form 4
ROUSSEAU MICHAEL S
Director
Transactions
- Award
Deferred Stock Units
2018-12-20+1,688.69→ 11,291.69 total→ Common Stock (1,688.69 underlying) - Award
Dividend Equivalent Units
2018-12-20+9,730.83→ 9,730.83 total→ Common Stock (9,730.83 underlying)
Footnotes (2)
- [F1]Represents additional Deferred Stock Units (DSUs) resulting from the adjustment pursuant to the terms of Resolute Forest Products Equity Incentive Plan on December 20, 2018 of outstanding unvested DSUs in connection with the payment of the special cash dividend approved by the board of directors of Resolute Forest Products Inc. (the "Company") on October 31, 2018. These additional DSUs are subject to the original vesting schedule in place with respect to the underlying DSUs. Each DSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. The vested DSUs will settle in cash after the earliest of (i) death, (ii) disability or (iii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).
- [F2]The Dividend Equivalent Units (DEUs) accrued on outstanding unvested DSUs pursuant to the terms of the Resolute Forest Products Equity Incentive Plan in connection with the payment on December 20, 2018 of the special dividend approved by the Company's board of directors on October 31, 2018. These DEUs are subject to the original vesting schedule in place with respect to the underlying DSUs and will settle in cash after the earliest of (i) death, (ii) disability or (iii) December 15 of the year following the year of the reporting person's termination of service.
Documents
Issuer
Resolute Forest Products Inc.
CIK 0001393066
Entity typeother
Related Parties
1- filerCIK 0001506236
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 7:12 PM ET
- Size
- 9.1 KB