HEARN JEFFREY A 4
4 · Resolute Forest Products Inc. · Filed Dec 21, 2018
Insider Transaction Report
Form 4
HEARN JEFFREY A
Director
Transactions
- Award
Restricted 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+2,968.17→ 2,968.17 total→ Common Stock (2,968.17 underlying)
Footnotes (2)
- [F1]Represents additional Restricted Stock Units (RSUs) resulting from the adjustment pursuant to the terms of Resolute Forest Products Equity Incentive Plan on December 20, 2018 of outstanding unvested RSUs 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 RSUs are subject to the original vesting schedule in place with respect to the RSUs giving rise to the award adjustment.
- [F2]The Dividend Equivalent Units (DEUs) accrued on outstanding unvested RSUs 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 RSUs and will settle in cash.