Jennifer C. Dolan - Feb 15, 2022 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Role: Director
Signature: /s/ Stephanie Leclaire, as attorney-in-fact
Stock symbol: RFP
Transactions as of: Feb 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/17/2022, 04:07 PM
Previous filing: Jul 9, 2021
Next filing: Apr 4, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RFP	Restricted Stock Units	Award		+10.6K	+36.23%		40K	Feb 15, 2022	Common Stock	10.6K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Resolute Forest Products Inc. (the "Company") awarded to the reporting person 10,626 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. Twenty five percent of the awarded RSUs will vest on the last day of each calendar quarter in the current fiscal year. Generally, the vested RSUs will settle in cash in equal installments on March 31 of the years 2023, 2024 and 2025 (with earlier settlement in the case of the reporting person's death, disability or termination of service).

Content

Resolute Forest Products Inc. (the "Company") awarded to the reporting person 10,626 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. Twenty five percent of the awarded RSUs will vest on the last day of each calendar quarter in the current fiscal year. Generally, the vested RSUs will settle in cash in equal installments on March 31 of the years 2023, 2024 and 2025 (with earlier settlement in the case of the reporting person's death, disability or termination of service).