Michael W. Blosser - Feb 10, 2022 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Signature
/s/ Nicole Daniel, Attorney-in-Fact
Stock symbol
LPX
Transactions as of
Feb 10, 2022
Transactions value $
$374,642
Form type
4
Date filed
2/14/2022, 05:17 PM
Previous filing
Feb 8, 2022
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Options Exercise $258K +3.8K +1.89% $67.89 205K Feb 10, 2022 Direct F1
transaction LPX Common Stock Tax liability -$105K -1.55K -0.76% $67.89 203K Feb 10, 2022 Direct
transaction LPX Common Stock Award $222K +3.24K +1.6% $68.61 206K Feb 10, 2022 Direct 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 LPX Performance Stock Unit Award $0 +3.24K $0.00 3.24K Feb 10, 2022 Common Stock 3.24K $0.00 Direct F3
transaction LPX Performance Stock Unit Options Exercise $0 -3.8K -100% $0.00* 0 Feb 10, 2022 Common Stock 3.8K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2019 Performance Unit vested at 120% payout including accumulated dividend on performance shares.
F2 Consists of Restricted Stock Units granted pursuant to Louisiana Pacific Corporation 2013 Omnibus plan. Shares vest 1/3 annually on each anniversary of the date of grant.
F3 Each performance share converts into the number of shares of Common Stock by applying a payout factor to the target number of shares vesting on a given date. The payout factor can be from 0 to 200% depending on performance realized.