Embree Tracy A 4
4 · LOUISIANA-PACIFIC CORP · Filed May 9, 2023
Insider Transaction Report
Form 4
Embree Tracy A
Director
Transactions
- Exercise/Conversion
Common Stock
2023-05-05+6,942→ 30,829 total - Exercise/Conversion
Deferred Stock Units
2023-05-05−6,942→ 0 total→ Common Stock (6,942 underlying) - Award
Common Stock
2023-05-05+2,182→ 33,056 total
Footnotes (4)
- [F1]Represents deferred stock units ("DSUs") under the Amended and Restated Louisiana-Pacific Corporation Non-Employee Directors Compensation Plan (the "Directors Compensation Plan") that were previously reported on Table II. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer. The reporting person has determined to report DSUs on Table I going forward.
- [F2]Includes 282 shares credited as dividend equivalents.
- [F3]Restricted stock units ("RSUs") granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan will vest in full on May 5, 2024. Each RSU represents a contingent right to receive one share of the issuer's common stock. The reporting person has elected to defer the receipt of common stock upon the vesting of the RSUs, and upon vesting of the RSUs, will receive DSUs under the Directors Compensation Plan. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer.
- [F4]Includes 45 shares credited as dividend equivalents.