Blanchet Suzanne 4
4 · Resolute Forest Products Inc. · Filed Jul 9, 2021
Insider Transaction Report
Form 4
Blanchet Suzanne
Director
Transactions
- Award
Deferred Stock Units
2021-07-07+3,501→ 44,678 total→ Common Stock (3,501 underlying)
Footnotes (2)
- [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 aggregate of all cash-settled DSUs for deferred director fees beneficially owned by the reporting person.