Stephen E. Macadam - May 7, 2021 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
Director
Signature
/s/Teresa Frogge Attorney-in-Fact
Stock symbol
LPX
Transactions as of
May 7, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 06:58 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Award $0 +1.72K +8.01% $0.00 23.2K May 7, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") granted to non-employee directors pursuant to the Louisiana-Pacific Corporation ("LP") 2013 Omnibus Stock Award Plan will vest in full on May 7, 2022. The reporting person has elected to defer the receipt of common stock upon the vesting of the RSUs on May 7, 2022 and, upon vesting, will receive Deferred Stock Units ("DSUs") under the Amended and Restated LP Non-Employee Directors Compensation Plan, to be settled in shares of common stock upon the earlier of (i) the reporting person's termination of services as a director or (ii) a change of control of LP. Each RSU and DSU represents a right to receive one share of LP common stock.