Duncan Davies - 13 Sep 2021 Form 4 Insider Report for Resolute Forest Products Inc.

Role: Director
Signature: /s/ Isabelle Papillon, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 13 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Sep 2021, 17:32:22 UTC
Next filing: 04 Oct 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	RFP	Deferred Stock Units	Award		+1,859			1,859	13 Sep 2021	Common Stock	1,859		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Resolute Forest Products Inc. (the "Company") awarded to the reporting person 1,859 deferred stock units, each a "DSU". Each DSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. The awarded DSUs will vest on December 31, 2021. The vested DSU awards will settle in cash after the earliest of (i) death, (ii) disability or (iii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).

Content

Resolute Forest Products Inc. (the "Company") awarded to the reporting person 1,859 deferred stock units, each a "DSU". Each DSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. The awarded DSUs will vest on December 31, 2021. The vested DSU awards will settle in cash after the earliest of (i) death, (ii) disability or (iii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).