4//SEC Filing
Benson Randall C 4
Accession 0001209191-21-046256
CIK 0001393066other
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 7:00 PM ET
Size
11.9 KB
Accession
0001209191-21-046256
Insider Transaction Report
Form 4
Benson Randall C
Director
Transactions
- Award
Dividend Equivalent Units
2021-07-07+813→ 813 total→ Common Stock (813 underlying) - Award
Deferred Stock Units
2021-07-07+6,675→ 87,146.21 total→ Common Stock (6,675 underlying) - Award
Deferred Stock Units
2021-07-07+4,461→ 4,461 total→ Common Stock (4,461 underlying)
Footnotes (3)
- [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]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.
- [F3]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).
Documents
Issuer
Resolute Forest Products Inc.
CIK 0001393066
Entity typeother
Related Parties
1- filerCIK 0001351576
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 7:00 PM ET
- Size
- 11.9 KB