WELTY LINDA J 4
4 · MERCER INTERNATIONAL INC. · Filed Jun 8, 2022
Insider Transaction Report
Form 4
WELTY LINDA J
Director
Transactions
- Award
DEFERRED STOCK UNITS
2022-06-07$15.85/sh+5,678$89,996→ 5,678 total→ COMMON STOCK (5,678 underlying)
Footnotes (2)
- [F1]Represents deferred stock units granted to the Reporting Person by Mercer International Inc. ("Mercer") under Mercer's Amended and Restated 2022 Stock Incentive Plan in connection with her role as a director of Mercer. These units vest on June 7, 2023, provided that if a change in control of Mercer occurs prior to such date, such units vest immediately upon such occurrence and, in the case of death or disability of the Reporting Person, a pro-rated portion of such units will vest. The Reporting Person is entitled to delivery of the underlying shares of common stock upon ceasing to be a director of Mercer, unless deferred in accordance with its terms.
- [F2]Based on the closing price of Mercer's shares of common stock on the NASDAQ on June 6, 2022.