Blanchet Suzanne 4
4 · Resolute Forest Products Inc. · Filed Feb 13, 2020
Insider Transaction Report
Form 4
Blanchet Suzanne
Director
Transactions
- Award
Deferred Stock Units
2020-02-11+23,734→ 23,734 total→ Common Stock (23,734 underlying)
Footnotes (1)
- [F1]Resolute Forest Products Inc. (the "Company") awarded to the reporting person 23,734 deferred stock units, each a "DSU". Each DSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. Twenty five percent of the awarded DSUs will vest on the last day of each calendar quarter in the current fiscal year. The vested DSU awards 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).