JOE W. LAYMON - 02 Oct 2023 Form 4 Insider Report for Clearwater Paper Corp (CLW)

Role
Director
Signature
/s/Michael S. Gadd, Attorney-in-Fact
Issuer symbol
CLW
Transactions as of
02 Oct 2023
Transactions value $
$13,125
Form type
4
Filing time
04 Oct 2023, 17:15:11 UTC
Previous filing
01 Sep 2023
Next filing
01 Dec 2023
SEC
View on sec.gov

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 CLW Phantom Stock Units Award $13.1K +363 +31.09% $36.20 1.53K 02 Oct 2023 Common Stock 363 $36.20 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom stock units are credited to the reporting person's account on the transaction date in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors and will be converted to cash and paid on a 1-for-1 basis with the issuer's common stock.
F2 Phantom stock units will be converted to cash and paid on the date previously elected by the reporting person in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors.