Nicole C. Daniel - 10 Feb 2022 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Signature
/s/ Nicole Daniel
Issuer symbol
LPX
Transactions as of
10 Feb 2022
Net transactions value
+$250,426
Form type
4
Filing time
14 Feb 2022, 17:18:29 UTC
Previous filing
08 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Award $250,426 +3,650 +15% $68.61 28,760 10 Feb 2022 Direct F1, 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 +3,650 $0.000000 3,650 10 Feb 2022 Common Stock 3,650 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Amount also includes 198 shares acquired through participation in the Company's 2019 Employee Stock Purchase Plan.
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.