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

Role
Executive Chairman, Director
Signature
/s/ JIMMY LEE
Issuer symbol
MERC
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
4
Filing time
17 Feb 2023, 12:47:21 UTC
Previous filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC Common Stock Options Exercise $0 +34,551 +1.8% $0.000000 1,934,868 15 Feb 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 +34,551 $0.000000 34,551 15 Feb 2023 Common Stock 34,551 $0.000000 Direct F2
transaction MERC Performance Share Units Options Exercise $0 -34,551 -100% $0.000000* 0 15 Feb 2023 Common Stock 34,551 $0.000000 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.