Lori Kilgour - Jul 7, 2021 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Role: SVP, Chief Information Officer
Signature: /s/ Stephanie Leclaire, as attorney-in-fact
Stock symbol: RFP
Transactions as of: Jul 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/9/2021, 04:00 PM
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RFP	Common Stock	Award		+4.55K	+5.24%		91.3K	Jul 7, 2021	Direct	F1, 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	RFP	Restricted Stock Units	Award		+621	+8.5%		7.93K	Jul 7, 2021	Common Stock	621		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Represents additional Restricted Stock Units (RSUs) resulting from the adjustment pursuant to the terms of the Resolute Forest Products Equity Incentive Plan and the 2019 Resolute Forest Products Equity Incentive Plan on July 7, 2021 of outstanding unvested RSUs in connection with the payment of the special cash dividend approved by the board of directors of Resolute Forest Products Inc. on June 10, 2021. These additional RSUs are subject to the original vesting schedule in place with respect to the underlying RSUs giving rise to the award adjustment.
F2	The total of column 5 has been adjusted to correct an administrative error.
F3	Represents additional Restricted Stock Units (RSUs) resulting from the adjustment pursuant to the terms of the Resolute Forest Products Equity Incentive Plan and the 2019 Resolute Forest Products Equity Incentive Plan on July 7, 2021 of outstanding unvested RSUs in connection with the payment of the special cash dividend approved by the Company's board of directors on June 10, 2021. These additional RSUs vest and settle in cash according to the original vesting schedule in place with respect to the underlying RSUs giving rise to the award adjustment.
F4	Represents the aggregate of cash-settled Restricted Share Units beneficially owned by the reporting person, including dividend equivalent units that settle in cash.