Jimmy Lee - Feb 15, 2023 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
Executive Chairman, Director
Signature
/s/ JIMMY LEE
Stock symbol
MERC
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 12:47 PM
Previous filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC Common Stock Options Exercise $0 +34.6K +1.82% $0.00 1.93M Feb 15, 2023 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 +34.6K $0.00 34.6K Feb 15, 2023 Common Stock 34.6K $0.00 Direct F2
transaction MERC Performance Share Units Options Exercise $0 -34.6K -100% $0.00* 0 Feb 15, 2023 Common Stock 34.6K $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 performance share units ("PSUs").
F2 Represents the vesting on February 15, 2023 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 2020 to 2022 performance period.