Patrice Minguez - Feb 28, 2022 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Role
President, Tissue Group
Signature
/s/ Stephanie Leclaire, as attorney-in-fact
Stock symbol
RFP
Transactions as of
Feb 28, 2022
Transactions value $
-$133,487
Form type
4
Date filed
3/2/2022, 03:00 PM
Previous filing
Feb 3, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFP Common Stock Tax liability -$66.8K -5.55K -2.85% $12.04 190K Feb 28, 2022 Direct F1
transaction RFP Common Stock Options Exercise +5.54K +2.92% 195K Feb 28, 2022 Direct F2
transaction RFP Common Stock Disposed to Issuer -$66.6K -5.54K -2.84% $12.04 190K Feb 28, 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 RFP Dividend Equivalent Units Disposed to Issuer -5.54K -100% 0 Feb 28, 2022 Common Stock 5.54K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents units withheld in respect of taxes on the settlement of performance stock units.
F2 Represents additional Performance Share Units ("PSUs") resulting from the adjustments on December 20, 2018 and on July 7, 2021 of outstanding unvested PSUs in connection with the payment of special cash dividends approved by the issuer's board of directors on October 31, 2018 and on June 10, 2021 respectively, pursuant to the terms of the applicable equity incentive plans. These additional PSUs settle in cash and are subject to the original vesting schedule and performance criteria in place with respect to the PSUs giving rise to the award adjustments.