Jimmy Lee - Feb 16, 2022 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
Executive Chairman, Director
Signature
/s/ Jimmy Lee
Stock symbol
MERC
Transactions as of
Feb 16, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 06:12 PM
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC COMMON STOCK Options Exercise $0 +16.2K +0.86% $0.00 1.9M Feb 16, 2022 Direct F1

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 MERC PERFORMANCE SHARE UNITS Award $0 +16.2K $0.00 16.2K Feb 16, 2022 COMMON STOCK 16.2K $0.00 Direct F2
transaction MERC PERFORMANCE SHARE UNITS Options Exercise $0 -16.2K -100% $0.00* 0 Feb 16, 2022 COMMON STOCK 16.2K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of vested performance share units ("PSUs").
F2 Represents the vesting on February 16 2022 of PSUs awarded to the reporting person based on the achievement of certain specified performance criteria, including company performance and share price performance during the 2019 to 2021 performance period.