Dorban Hugues 4
4 · Resolute Forest Products Inc. · Filed Dec 4, 2019
Insider Transaction Report
Form 4
Dorban Hugues
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2019-12-02+3,143.05→ 3,143.05 total - Exercise/Conversion
Common Stock
2019-12-02+2,512→ 2,512 total - Exercise/Conversion
Restricted Stock Unit
2019-12-02−2,512→ 7,534 totalFrom: 2019-12-02→ Common Stock (2,512 underlying) - Disposition to Issuer
Common Stock
2019-12-02$3.90/sh−3,143.05$12,258→ 0 total - Disposition to Issuer
Common Stock
2019-12-02$3.90/sh−2,512$9,797→ 0 total - Exercise/Conversion
Restricted Stock Unit
2019-12-02−3,143.05→ 6,286.09 totalFrom: 2019-12-02→ Common Stock (3,143.05 underlying)
Footnotes (2)
- [F1]Resolute Forest Products Inc. (the "Company") awarded to the reporting person 10,692 restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs will vest and settle in cash in four equal annual installments beginning on December 1, 2018 (subject to earlier settlement in certain circumstances). An additional 1,410.14 RSUs were added in connection with the Company's payment of a special cash dividend on December 20, 2018. The reporting person settled 3,143.05 RSUs, which vested on December 2, 2019 for cash.
- [F2]Resolute Forest Products Inc. (the "Company") awarded to the reporting person 10,046 restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs will vest, and settle in cash, in four equal annual installments beginning on December 1, 2019 (subject to earlier settlement in certain circumstances). The reporting person settled 2,512 RSUs, which vested on December 2, 2019 for cash.