Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLW | Common Stock | Tax liability | -$31.2K | -964 | -1.64% | $32.40 | 57.9K | Apr 13, 2023 | Direct | F1 |
transaction | CLW | Common Stcok | Tax liability | -$228K | -7.03K | -12.14% | $32.40 | 50.9K | Apr 13, 2023 | Direct | F1 |
transaction | CLW | Common Stock | Sale | -$88.2K | -2.68K | -5.27% | $32.88 | 48.2K | Apr 14, 2023 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Represents shares withheld by Clearwater Paper Corporation to satisfy tax withholding requirements due at settlement of the 2020 grant of restricted stock units that vested April 13, 2023. |
F2 | This transaction was executed pursuant to a sale in accordance with a 10b5-1 Trading Plan for taxes. |
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 $32.73 to $33.25 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. |