4//SEC Filing
Laberge Alice 4
Accession 0001522288-23-000006
CIK 0001333274other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 9:04 PM ET
Size
15.1 KB
Accession
0001522288-23-000006
Insider Transaction Report
Form 4
Laberge Alice
Director
Transactions
- Award
Cash Settled Deferred Stock Units
2023-06-01+11,548→ 31,187 total→ Common Stock (11,548 underlying) - Award
Cash Settled Deferred Stock Units
2023-06-01+11,548→ 17,714 total→ Common Stock (11,548 underlying) - Award
Cash Settled Deferred Stock Units
2023-06-01+1,925→ 19,639 total→ Common Stock (1,925 underlying) - Award
Cash Settled Deferred Stock Units
2023-06-01+1,540→ 6,166 total→ Common Stock (1,540 underlying)
Footnotes (4)
- [F1]Represents cash settled deferred stock units ("DSUs") issued by Mercer International Inc. ("Mercer"),at the election of the Reporting Person, in lieu of quarterly cash director retainer under Mercer's non-employee director compensation program for the period from April 1, 2023 to May 31, 2023.Each DSU represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s)and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms. Mercer subsequently transitioned its non-employee director compensation program from quarterly on a calendar year basis to a program based on the one-year period between annual general meetings, being the general term of office of directors.
- [F2]Represents DSUs issued by Mercer, at the election of the Reporting Person, in lieu of cash director retainer under Mercer's non-employee director compensation program and the Plan in respect of the board term commencing May 31, 2023 and ending at its next regularly scheduled annual general meeting in 2024. Each DSU represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.
- [F3]Represents DSUs issued by Mercer as a grant to the Reporting Person, at the election of the Reporting Person as a quarterly equity grant under Mercer's non-employee director compensation program in respect of the period from April 1, 2023 to May 31, 2023, which vest on the one year anniversary of the grant date. Each DSU represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.
- [F4]Represents DSUs issued by Mercer as a grant to the Reporting Person, at the election of the Reporting Person as an equity grant under Mercer's non-employee director compensation program in respect of the board term commencing May 31, 2023 and ending at its next regularly scheduled annual general meeting in 2024. Each DSU represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms. These DSUs vest on the earlier of the one-year anniversary of the grant date or the date of the next regularly scheduled annual general meeting in 2024.
Documents
Issuer
MERCER INTERNATIONAL INC.
CIK 0001333274
Entity typeother
Related Parties
1- filerCIK 0001848174
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 9:04 PM ET
- Size
- 15.1 KB