Lalonde Remi G. 4
4 · Resolute Forest Products Inc. · Filed Mar 1, 2021
Insider Transaction Report
Form 4
Lalonde Remi G.
SVP & Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-02-28$9.32/sh−13,102.9$122,119→ 255,125.44 total - Exercise/Conversion
Dividend Equivalent Units
2021-02-28−1,959.49→ 0 total→ Common Stock (1,959.49 underlying) - Exercise/Conversion
Common Stock
2021-02-28+13,102.9→ 268,228.44 total - Exercise/Conversion
Performance Share Units
2021-02-28−11,143.41→ 0 total→ Common Stock (11,143.41 underlying)
Footnotes (2)
- [F1]Represents the settlement of Performance Share Units ("PSU") following the satisfaction of performance criteria. Each PSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement.
- [F2]Represents the settlement of additional PSUs resulting from the adjustment on December 20, 2018, of outstanding unvested PSUs in connection with the payment of the special cash dividend approved by the issuer's board of directors on October 31, 2018, pursuant to the terms of Resolute Forest Products Equity Incentive Plan. These additional PSUs are settled in cash and were subject to the original vesting schedule and performance criteria in place with respect to the PSUs giving rise to the award adjustment.