LAFLAMME YVES 4
4 · Resolute Forest Products Inc. · Filed Dec 2, 2020
Insider Transaction Report
Form 4
LAFLAMME YVES
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2020-12-01$5.55/sh−44,985$249,667→ 567,006.96 total - Tax Payment
Common Stock
2020-12-01$5.55/sh−43,037.96$238,861→ 567,006.96 total - Exercise/Conversion
Common Stock
2020-12-01+44,985→ 611,991.96 total - Exercise/Conversion
Restricted Stock Unit
2020-12-01−44,985→ 114,909 totalFrom: 2020-12-01→ Common Stock (44,985 underlying)
Footnotes (2)
- [F1]Represents units withheld in respect of taxes on the settlement of restricted stock units.
- [F2]Resolute Forest Products Inc. (the "Company") awarded to the reporting person 134,954 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 three equal annual installments beginning on December 1, 2020 (subject to earlier settlement in certain circumstances)