Jimmy Earl Mason - Feb 28, 2022 Form 3 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
EVP & General Manager of OSB
Signature
/s/ Nicole Daniel, Attorney-in-Fact for Jimmy Earl Mason
Stock symbol
LPX
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
3
Date filed
3/9/2022, 07:59 AM
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LPX Common Stock 11K Feb 28, 2022 Direct F1
holding LPX Common Stock 1.36K Feb 28, 2022 By 401(k) Plan

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
holding LPX Performance Stock Unit Feb 28, 2022 Common Stock 2.69K $0.00 Direct F2, F3
holding LPX Performance Stock Unit Feb 28, 2022 Common Stock 1.9K $0.00 Direct F2, F4
holding LPX Performance Stock Unit Feb 28, 2022 Common Stock 1.18K $0.00 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares underlying restricted stock unit awards granted pursuant to the 2013 Omnibus Stock Award Plan, as amended (the "2013 Plan"), of Louisiana-Pacific Corporation (the "Issuer") as follows: 2,604 restricted stock units granted 2/6/2020, with the remaining 868 units vesting on 2/6/2023; 1,882 restricted stock units granted 2/12/2021, with the remaining 1,254 units vesting equally on 2/12/2023 and 2/12/2024; and 1,180 restricted stock units granted 2/10/2022 vesting ratably over three years beginning on the first anniversary of the grant date. Additionally, includes dividend shares accrued on outstanding restricted stock units of 40.82 and 57 shares acquired through the Issuer's Employee Stock Purchase Plan.
F2 Performance stock unit awards granted pursuant to the 2013 Plan which vest upon achievement of related performance objectives. Each performance stock unit converts into the number of shares of the Issuer's 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. Reported herein using the target number of shares (100% payout) for each award.
F3 2,604 performance shares granted on 2/6/2020 tied to a three-year performance period ending December 31, 2022, which vest on 2/6/2023 or such later date as the administrator of the 2013 Plan makes a determination as to achievement of the related performance objectives. Includes dividend shares accrued on such award of 80.52.
F4 1,882 performance shares granted on 2/12/2021 tied to a three-year performance period ending December 31, 2023, which vest on 2/12/2024 or such later date as the administrator of the 2013 Plan makes a determination as to achievement of the related performance objectives. Includes dividend shares accrued on such award of 20.98.
F5 1,180 performance shares granted on 2/10/2022 tied to a three-year performance period ending December 31, 2024, which vest on 2/10/2025 or such later date as the administrator of the 2013 Plan makes a determination as to achievement of the related performance objectives.

Remarks:

Exhibit Index: Exhibit 24 - Power of Attorney for Jimmy Earl Mason dated February 22, 2022