Viboux Daniel 4
4 · Resolute Forest Products Inc. · Filed Dec 3, 2021
Insider Transaction Report
Form 4
Viboux Daniel
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2021-12-01$11.61/sh−2,406$27,934→ 0 total - Exercise/Conversion
Common Stock
2021-12-01+2,406→ 2,406 total - Exercise/Conversion
Restricted Stock Units
2021-12-01−2,406→ 7,215 totalFrom: 2021-12-01→ Common Stock (2,406 underlying)
Footnotes (1)
- [F1]Resolute Forest Products Inc. (the "Company") previously awarded the reporting person 8,866 restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs will vest and settle in cash in four equal annual installments beginning on December 1, 2021 (subject to earlier settlement in certain circumstances). The reporting person settled 2,406 RSUs, which vested on December 1, 2021 for cash. This number includes 754 RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021.