Tracy A. Embree - 30 Jul 2021 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
Director
Signature
/s/Teresa Frogge Attorney-in-Fact
Issuer symbol
LPX
Transactions as of
30 Jul 2021
Net transactions value
+$21,234
Form type
4
Filing time
02 Aug 2021, 09:47:03 UTC
Previous filing
02 Jun 2021
Next filing
02 Aug 2021
SEC
View on sec.gov

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 Deferred Stock Units Award $21,234 +383 +6.2% $55.44 6,582 30 Jul 2021 Common Stock 383 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit ("DSU") represents a right to receive one share of Louisiana-Pacific Corporation ("LP")
F2 Pursuant to the LP Non-Employee Directors Compensation Plan, non-employee directors who earn quarterly cash retainer fees for their services on LP's Board of Directors may elect to exchange their quarterly cash fees for an award of DSUs. The number of DSUs so acquired is calculated by dividing the deferred cash retainer amount by the closing price for LP's common stock on the date the cash retainer is payable.
F3 DSUs are to be settled in shares of common stock after the reporting person's termination of services as a director or a change in control.