Simon Hugues 4
4 · Resolute Forest Products Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Simon Hugues
President, Wood products
Transactions
- Award
Restricted Stock Units
2023-01-01+12,866→ 12,866 total→ Common Stock (12,866 underlying)
Footnotes (1)
- [F1]Resolute Forest Products Inc. (the "Company") awarded to the reporting person 12,866 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. The restricted stock units vest, and settle in cash, in four equal annual installments beginning on December 1, 2023 (subject to earlier settlement in certain circumstances), and further subject to the applicable provisions of that certain Agreement and Plan of Merger, dated as of July 5, 2022, by and among, the Company, Domtar Corporation, Terra Acquisition Sub Inc., Karta Halten B.V., Pearl Merger Sub Inc. and Paper Excellence B.V., as previously disclosed in the definitive proxy statement on Schedule 14A filed with the SEC on September 20, 2022.