Jason Paul Ringblom - Feb 10, 2022 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
EVP OSB
Signature
/s/ Nicole Daniel, Attorney-in-Fact
Stock symbol
LPX
Transactions as of
Feb 10, 2022
Transactions value $
$736,047
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 $534K +7.86K +10.32% $67.89 84K Feb 10, 2022 Direct F1
transaction LPX Common Stock Tax liability -$210K -3.09K -3.68% $67.89 80.9K Feb 10, 2022 Direct
transaction LPX Common Stock Award $412K +6.01K +7.43% $68.61 86.9K 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 +6.01K $0.00 6.01K Feb 10, 2022 Common Stock 6.01K $0.00 Direct F3
transaction LPX Performance Stock Unit Options Exercise $0 -7.86K -100% $0.00* 0 Feb 10, 2022 Common Stock 7.86K $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.