Genevieve Stannus - 15 Feb 2023 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
VP, Treasurer
Signature
/s/ GENEVIEVE STANNUS
Issuer symbol
MERC
Transactions as of
15 Feb 2023
Net transactions value
-$21,798
Form type
4
Filing time
17 Feb 2023, 15:42:29 UTC
Previous filing
17 Feb 2022
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC Common Stock Options Exercise $0 +3,786 +10% $0.000000 41,362 15 Feb 2023 Direct F1, F2
transaction MERC Common Stock Tax liability $21,798 -1,893 -4.6% $11.52 39,469 15 Feb 2023 Direct F2, F3

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 +3,786 $0.000000 3,786 15 Feb 2023 Common Stock 3,786 $0.000000 Direct F4
transaction MERC Performance Share Units Options Exercise $0 -3,786 -100% $0.000000* 0 15 Feb 2023 Common Stock 3,786 $0.000000 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 Includes 3,067 shares of common stock held indirectly in a tax free savings account.
F3 Represents the average of the intraday high and low trading price on February 15, 2023.
F4 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.