Daniel Viboux - Dec 1, 2021 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Role: Chief Accounting Officer
Signature: /s/ Isabelle Papillon, as attorney-in-fact
Stock symbol: RFP
Transactions as of: Dec 1, 2021
Transactions value $: -$27,934
Form type: 4
Date filed: 12/3/2021, 03:00 PM
Previous filing: Jul 9, 2021
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RFP	Common Stock	Options Exercise		+2.41K			2.41K	Dec 1, 2021	Direct	F1
transaction	RFP	Common Stock	Disposed to Issuer	-$27.9K	-2.41K	-100%	$11.61	0	Dec 1, 2021	Direct

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	Options Exercise		-2.41K	-25.01%		7.22K	Dec 1, 2021	Common Stock	2.41K		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") previously awarded the reporting person 8,866 restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs will vest and settle in cash in four equal annual installments beginning on December 1, 2021 (subject to earlier settlement in certain circumstances). The reporting person settled 2,406 RSUs, which vested on December 1, 2021 for cash. This number includes 754 RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021.

Content

Resolute Forest Products Inc. (the "Company") previously awarded the reporting person 8,866 restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs will vest and settle in cash in four equal annual installments beginning on December 1, 2021 (subject to earlier settlement in certain circumstances). The reporting person settled 2,406 RSUs, which vested on December 1, 2021 for cash. This number includes 754 RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021.