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

Role: Director
Signature: /s/ Torbjoern Loeoef
Stock symbol: MERC
Transactions as of: Jun 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/2/2023, 09:28 PM
Previous filing: Jun 2, 2023
Next filing: Jun 4, 2024

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	Cash Settled Deferred Stock Units	Award		+11.5K			11.5K	Jun 1, 2023	Common Stock	11.5K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Cash-Settled Deferred Stock Units ("DSUs") issued by Mercer International Inc. ("Mercer") under Mercer's non-employee director compensation plan in respect of the board term commencing May 31, 2023. Each DSU vests 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 and represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.

Content

Represents Cash-Settled Deferred Stock Units ("DSUs") issued by Mercer International Inc. ("Mercer") under Mercer's non-employee director compensation plan in respect of the board term commencing May 31, 2023. Each DSU vests 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 and represents the right to receive a cash payment equal to the fair market value of one share of Mercer's common stock on the redemption date(s) and dividend equivalents after the Reporting Person ceases to be a director of Mercer, unless deferred in accordance with its terms.