Derek Nelson Doyle - 10 Feb 2023 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Signature
/s/Nicole Daniel, Attorney-in-Fact
Issuer symbol
LPX
Transactions as of
10 Feb 2023
Net transactions value
+$61,336
Form type
4
Filing time
14 Feb 2023, 18:17:00 UTC
Previous filing
01 Nov 2022
Next filing
07 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Tax liability $12,280 -187 -3.9% $65.67 4,564 10 Feb 2023 Direct
transaction LPX Common Stock Award $84,977 +1,294 +28% $65.67 5,858 10 Feb 2023 Direct F1
transaction LPX Common Stock Tax liability $11,361 -173 -2.9% $65.67 5,770 12 Feb 2023 Direct F2, F3

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 Unit Award $0 +1,294 $0.000000 1,294 10 Feb 2023 Common Stock 1,294 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Restricted Stock Units granted pursuant to Louisiana Pacific Corporation 2022 Omnibus plan. Shares vest 1/3 annually on each anniversary of the date of grant.
F2 Includes 14 dividend shares, accrued and released upon settlement of the underlying restricted stock grant.
F3 Amount also includes 71 shares acquired through participation in the Company's 2019 Employee Stock Purchase Plan.
F4 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.