Tracy A. Embree - 05 May 2023 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
Director
Signature
/s/Nicole Daniel, Attorney-in-Fact
Issuer symbol
LPX
Transactions as of
05 May 2023
Transactions value $
$0
Form type
4
Date filed
09 May 2023, 09:23
Previous filing
03 Mar 2023
Next filing
15 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Options Exercise $0 +6.94K +29.06% $0.00 30.8K 05 May 2023 Direct F1, F2
transaction LPX Common Stock Award $0 +2.18K +7.07% $0.00 33.1K 05 May 2023 Direct F3, F4

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 Deferred Stock Units Options Exercise $0 -6.94K -100% $0.00* 0 05 May 2023 Common Stock 6.94K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents deferred stock units ("DSUs") under the Amended and Restated Louisiana-Pacific Corporation Non-Employee Directors Compensation Plan (the "Directors Compensation Plan") that were previously reported on Table II. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer. The reporting person has determined to report DSUs on Table I going forward.
F2 Includes 282 shares credited as dividend equivalents.
F3 Restricted stock units ("RSUs") granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan will vest in full on May 5, 2024. Each RSU represents a contingent right to receive one share of the issuer's common stock. The reporting person has elected to defer the receipt of common stock upon the vesting of the RSUs, and upon vesting of the RSUs, will receive DSUs under the Directors Compensation Plan. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer.
F4 Includes 45 shares credited as dividend equivalents.