Rainer Rettig - Jun 1, 2023 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
Director
Signature
/s/ Rainer Rettig
Stock symbol
MERC
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/2/2023, 08:14 PM
Previous filing
May 2, 2023
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MERC Common Stock Award $0 +1.93K +14.3% $0.00 15.4K Jun 1, 2023 Direct F1
transaction MERC Common Stock Award $0 +11.5K +75.05% $0.00 26.9K Jun 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award by Mercer International Inc. ("Mercer") as a quarterly equity grant to the Reporting Person under Mercer's non-employee director compensation program and Amended and Restated 2022 Stock Incentive Plan as amended (the "Plan") in connection with his role as a director of Mercer for the period from April 1, 2023 to May 31, 2023. These shares vest on the one-year anniversary of the grant date. Mercer subsequently transitioned its non-employee director compensation program from quarterly on a calendar year basis to a program based on the one-year period between annual general meetings, being the general term of office of directors.
F2 Represents a restricted stock award by Mercer to the Reporting Person under Mercer's non-employee director compensation program and the Plan in respect of the board term commencing May 31, 2023 and ending at its next regularly scheduled annual general meeting in 2024. These shares vest on the earlier of the one-year anniversary of the grant date or the date of the next regularly scheduled annual general meeting in 2024.