4//SEC Filing
Turcotte Denis 4
Accession 0001209191-21-067466
CIK 0001381531other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 1:51 PM ET
Size
10.8 KB
Accession
0001209191-21-067466
Insider Transaction Report
Form 4
Domtar CORPUFS
Turcotte Denis
Director
Transactions
- Disposition to Issuer
Deferred Share Units
2021-11-30$55.50/sh−2,558.215$141,981→ 0 total→ Common Stock (2,558.215 underlying) - Disposition to Issuer
Deferred Share Units
2021-11-30$55.50/sh−39,932.05$2,216,229→ 0 total→ Common Stock (39,932.05 underlying) - Disposition to Issuer
Common Stock
2021-11-30$55.50/sh−3,764$208,902→ 0 total
Footnotes (5)
- [F1]Disposed of for $55.50 per share pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 10, 2021, by and among, Domtar Corporation, Karta Halten B.V., Pearl Merger Sub Inc., Paper Excellence B.V., and Hervey Investments B.V. (the "Merger Agreement"). All terms capitalized but not defined shall have the respective meanings given to them in the Merger Agreement.
- [F2]Each Deferred Share Unit ("DSU") is the economic equivalent of one share of Common Stock of Domtar Corporation.
- [F3]The DSUs credited to the Reporting Person's account represent "short-term" DSUs that were granted on December 31, 2020, March 31, 2021, June 30, 2021 and September 30, 2021 and were to be settled in cash or shares of Common Stock on the first anniversary of the grant date, but were canceled in exchange for a cash payment as described in footnote (4).
- [F4]Pursuant to the Merger Agreement, each DSU that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was cancelled and converted into the right to receive a cash payment equal to the product of (i) the total number of shares of Common Stock underlying such DSU multiplied by (ii) the Merger Consideration, without any interest and subject to all applicable withholding.
- [F5]The DSUs credited to the Reporting Person's account represent "long-term" DSUs that were to be settled in cash or shares of Common Stock when the Reporting Person ceased to be a director of Domtar Corporation, but were canceled in exchange for a cash payment as described in footnote (4).
Documents
Issuer
Domtar CORP
CIK 0001381531
Entity typeother
Related Parties
1- filerCIK 0001391864
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 1:51 PM ET
- Size
- 10.8 KB