Loeoef Torbjoern 4
4 · MERCER INTERNATIONAL INC. · Filed Jun 2, 2023
Insider Transaction Report
Form 4
Loeoef Torbjoern
Director
Transactions
- Award
Cash Settled Deferred Stock Units
2023-06-01+11,548→ 11,548 total→ Common Stock (11,548 underlying)
Footnotes (1)
- [F1]Represents Cash-Settled Deferred Stock Units ("DSUs") issued by Mercer International Inc. ("Mercer") under Mercer's non-employee director compensation plan in respect of the board term commencing May 31, 2023. Each DSU vests 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 and 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.