Daniel Viboux - Dec 1, 2022 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Signature
/s/ Isabelle Papillon, as attorney-in-fact
Stock symbol
RFP
Transactions as of
Dec 1, 2022
Transactions value $
-$89,972
Form type
4
Date filed
12/5/2022, 08:00 PM
Previous filing
Feb 17, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFP Common Stock Options Exercise +4.25K 4.25K Dec 1, 2022 Direct F1
transaction RFP Common Stock Disposed to Issuer -$90K -4.25K -100% $21.15 0 Dec 1, 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 Restricted Stock Unit Options Exercise -4.25K -29.12% 10.4K Dec 1, 2022 Common Stock 4.25K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Resolute Forest Products Inc. (the "Company") previously awarded the reporting person 4,254 restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs will vest and settle in cash in four equal annual installments beginning on December 1 following the grant date (subject to earlier settlement in certain circumstances). The reporting person settled 4,254 RSUs, which vested on December 1, 2022 for cash. This number includes RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021.