Michael S. Gadd - Apr 1, 2022 Form 4 Insider Report for Clearwater Paper Corp (CLW)

Role
Sr. Vice President
Signature
/s/ Michael S. Gadd
Stock symbol
CLW
Transactions as of
Apr 1, 2022
Transactions value $
-$175,816
Form type
4
Date filed
4/5/2022, 05:15 PM
Previous filing
Mar 9, 2022
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLW Common Stock Tax liability -$112K -4.01K -4.73% $28.03 80.9K Apr 1, 2022 Direct F1
transaction CLW Common Stock Sale -$63.4K -2.3K -2.84% $27.62 78.6K Apr 4, 2022 Direct F2, F3
holding CLW Common Stock 28 Apr 1, 2022 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by Clearwater Paper Corporation to satisfy tax withholding requirements due at settlement of restricted stock units that vested April 1, 2022.
F2 Represents sale of shares pursuant to a Rule 10b5-1 trading plan that was entered to satisfy remaining tax obligations in connection with settlement of restricted stock units that vested April 1, 2022.
F3 This price represents the weighted average purchase price for multiple transactions reported on this line. The price of the transactions reported on this line range between $27.69 to $28.14 per share. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares purchased at each separate price within the range.