4//SEC Filing
ROUSSEAU MICHAEL S 4
Accession 0001209191-21-046227
CIK 0001393066other
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 6:00 PM ET
Size
9.2 KB
Accession
0001209191-21-046227
Insider Transaction Report
Form 4
ROUSSEAU MICHAEL S
Director
Transactions
- Award
Deferred Stock Units
2021-07-07+4,461→ 56,929.69 total→ Common Stock (4,461 underlying) - Award
Dividend Equivalent Units
2021-07-07+5,533→ 15,263 total→ Common Stock (5,533 underlying)
Footnotes (4)
- [F1]Represents additional Deferred Stock Units (DSUs) resulting from the adjustment pursuant to the terms of the Resolute Forest Products Equity Incentive Plan and the 2019 Resolute Forest Products Equity Incentive Plan on July 7, 2021 of outstanding unvested DSUs in connection with the payment of the special cash dividend approved by the board of directors of Resolute Forest Products, Inc. (the "Company") on June 10, 2021. These additional DSUs are subject to the original vesting schedule in place with respect to the underlying DSUs. Vested DSUs will settle and become payable in cash after the earliest of (i) death or (ii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).
- [F2]Represents the corrected aggregate of all cash-settled DSUs for deferred director fees beneficially owned by the reporting person.
- [F3]The Dividend Equivalent Units (DEUs) accrued on outstanding unvested DSUs pursuant to the terms of the Resolute Forest Products Equity Incentive Plan in connection with the payment on July 7, 2021 of the special dividend approved by the Company's board of directors on June 10, 2021. These DEUs are subject to the original vesting schedule in place with respect to the underlying DSUs and 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.
- [F4]Represents the aggregate of all Dividend Equivalent Units beneficially owned by the reporting person.
Documents
Issuer
Resolute Forest Products Inc.
CIK 0001393066
Entity typeother
Related Parties
1- filerCIK 0001506236
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 6:00 PM ET
- Size
- 9.2 KB