Lalonde Remi G. 4
4 · Resolute Forest Products Inc. · Filed Dec 3, 2021
Insider Transaction Report
Form 4
Lalonde Remi G.
SVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2021-12-01+3,140→ 318,155.44 total - Tax Payment
Common Stock
2021-12-01$11.61/sh−32,802$380,831→ 315,015.44 total - Exercise/Conversion
Restricted Stock Unit
2021-12-01−3,140→ 0 totalFrom: 2021-12-01→ Common Stock (3,140 underlying) - Disposition to Issuer
Common Stock
2021-12-01$11.61/sh−3,140$36,455→ 315,015.44 total
Footnotes (2)
- [F1]Represents units withheld in respect of taxes on the settlement of restricted stock units.
- [F2]Resolute Forest Products Inc. (the "Company") previously awarded the reporting person 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 vest and settle in cash in four equal annual installments beginning on December 1 following the grant date (subject to earlier settlement in certain circumstances). The reporting person settled 3,140 RSUs, which vested on December 1, 2021 for cash. This number includes 678 RSUs added in connection with the Company's payment of a special cash dividend on December 20, 2018.