David Ure - Feb 15, 2023 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
Senior Vice President, Finance
Signature
/s/ DAVID URE
Stock symbol
MERC
Transactions as of
Feb 15, 2023
Transactions value $
-$68,054
Form type
4
Date filed
2/17/2023, 02:10 PM
Previous filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC Common Stock Options Exercise $0 +11.8K +17.85% $0.00 78.1K Feb 15, 2023 Direct F1
transaction MERC Common Stock Tax liability -$68.1K -5.91K -7.57% $11.52 72.1K Feb 15, 2023 Direct F2

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 Performance Share Units Award $0 +11.8K $0.00 11.8K Feb 15, 2023 Common Stock 11.8K $0.00 Direct F3
transaction MERC Performance Share Units Options Exercise $0 -11.8K -100% $0.00* 0 Feb 15, 2023 Common Stock 11.8K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of vested performance share units ("PSUs").
F2 Represents the average of the intraday high and low trading price on February 15, 2023.
F3 Represents the vesting on February 15, 2023 of PSUs awarded to the reporting person based on the achievement of certain specified performance criteria, including company performance and share price performance during the 2020 to 2022 performance period.