Lizanne C. Gottung - May 28, 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 28, 2021
Transactions value $: -$122,843
Form type: 4
Date filed: 6/1/2021, 03:53 PM
Previous filing: May 10, 2021
Next filing: Jun 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LPX	Common Stock	Options Exercise	$65.2K	+8.14K	+30.04%	$8.01	35.2K	May 28, 2021	Direct
transaction	LPX	Common Stock	Sale	-$548K	-8.14K	-23.1%	$67.34	27.1K	May 28, 2021	Direct
transaction	LPX	Common Stock	Options Exercise	$360K	+5.36K	+19.77%	$67.21	32.4K	May 29, 2021	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	LPX	Non Qualified Stock Option (right to buy)	Options Exercise	$0	-8.14K	-100%	$0.00^*	0	May 28, 2021	Common Stock	8.14K	$8.01	Direct	F2
transaction	LPX	Restricted Stock Units	Options Exercise	$0	-5.3K	-100%	$0.00^*	0	May 29, 2021	Common Stock	5.3K	$0.00	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 62 dividend shares
F2	Award granted June 1, 2011, pursuant to the Louisiana-Pacific Corporation 1992 Non-Employee Director Stock Option Plan (the "Plan"). Pursuant to the Plan, a Non Qualified Stock Option becomes exercisable as to 10 percent of the shares of common stock underlying the option at the end of each three-month period following the date of grant until exercisable in full. The reporting person's Non Qualified Stock Option award became exercisable in full on December 1, 2013. each option granted under the Plan expires 10 years from the date the option is granted, unless terminated earlier in accordance with the Plan.

Content

Includes 62 dividend shares

Award granted June 1, 2011, pursuant to the Louisiana-Pacific Corporation 1992 Non-Employee Director Stock Option Plan (the "Plan"). Pursuant to the Plan, a Non Qualified Stock Option becomes exercisable as to 10 percent of the shares of common stock underlying the option at the end of each three-month period following the date of grant until exercisable in full. The reporting person's Non Qualified Stock Option award became exercisable in full on December 1, 2013. each option granted under the Plan expires 10 years from the date the option is granted, unless terminated earlier in accordance with the Plan.