Eric Xavier Heine - Feb 15, 2024 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
VP,Sales,Marketing&Logistics
Signature
/s/ Eric Xavier Heine
Stock symbol
MERC
Transactions as of
Feb 15, 2024
Transactions value $
-$23,433
Form type
4
Date filed
2/16/2024, 05:02 PM
Previous filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC Common Stock Options Exercise $0 +6.02K +13.61% $0.00 50.3K Feb 15, 2024 Direct F1
transaction MERC Common Stock Tax liability -$23.4K -3.01K -5.99% $7.79 47.2K Feb 15, 2024 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 +6.02K $0.00 6.02K Feb 15, 2024 Common Stock 6.02K $0.00 Direct F3
transaction MERC Performance Share Units Options Exercise $0 -6.02K -100% $0.00* 0 Feb 15, 2024 Common Stock 6.02K $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, 2024.
F3 Represents the vesting on February 15, 2024 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 2021 to 2023 performance period.