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

Role
Group Controller for Europe
Signature
/s/ Leonhard Nossol
Stock symbol
MERC
Transactions as of
Feb 16, 2022
Transactions value $
-$18,489
Form type
4
Date filed
2/17/2022, 08:31 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 +3.34K +4.37% $0.00 79.7K Feb 16, 2022 Direct F1
transaction MERC COMMON STOCK Tax liability -$18.5K -1.44K -1.8% $12.88 78.3K Feb 16, 2022 Direct F2

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 +3.34K $0.00 3.34K Feb 16, 2022 COMMON STOCK 3.34K $0.00 Direct F3
transaction MERC PERFORMANCE SHARE UNITS Options Exercise $0 -3.34K -100% $0.00* 0 Feb 16, 2022 COMMON STOCK 3.34K $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 average of the intraday high and low trading price on February 16, 2022.
F3 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.