Linda J. Welty - Jun 3, 2024 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role: Director
Signature: /s/ Linda J. Welty
Stock symbol: MERC
Transactions as of: Jun 3, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/4/2024, 05:43 PM
Previous filing: Jun 2, 2023

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	MERC	Deferred Stock Units	Award		+10.5K	+48.46%		32.2K	Jun 3, 2024	Common Stock	10.5K		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") issued by Mercer International Inc. ("Mercer) as a grant to the Reporting Person under Mercer's non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan in respect of the board term commencing May 31, 2024 and ending at its next regularly scheduled annual general meeting in 2025 (the "2025 AGM"). Each DSU vests on the earlier of the one year anniversary of the grant date or the date of the 2025 AGM and represents the right to receive one share of Mercer's common stock and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.

Content

Represents deferred stock units ("DSUs") issued by Mercer International Inc. ("Mercer) as a grant to the Reporting Person under Mercer's non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan in respect of the board term commencing May 31, 2024 and ending at its next regularly scheduled annual general meeting in 2025 (the "2025 AGM"). Each DSU vests on the earlier of the one year anniversary of the grant date or the date of the 2025 AGM and represents the right to receive one share of Mercer's common stock and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.