William Bradley Southern - Feb 24, 2022 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
Chief Executive Officer, Director
Signature
/s/ Nicole Daniel, Attorney-in-Fact
Stock symbol
LPX
Transactions as of
Feb 24, 2022
Transactions value $
$1,833,845
Form type
4
Date filed
2/25/2022, 10:25 AM
Previous filing
Feb 15, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Options Exercise $3.02M +44.5K +9.34% $67.89 521K Feb 24, 2022 Direct F1
transaction LPX Common Stock Tax liability -$1.19M -17.5K -3.36% $67.89 504K Feb 24, 2022 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 LPX Performance Stock Units Options Exercise $0 -44.5K -100% $0.00* 0 Feb 24, 2022 Common Stock 44.5K $0.00 Direct F2
* 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 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.