Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MERC | DEFERRED STOCK UNITS | Award | $90K | +5.68K | $15.85 | 5.68K | Jun 7, 2022 | COMMON STOCK | 5.68K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Represents deferred stock units granted to the Reporting Person by Mercer International Inc. ("Mercer") under Mercer's Amended and Restated 2022 Stock Incentive Plan in connection with her role as a director of Mercer. These units vest on June 7, 2023, provided that if a change in control of Mercer occurs prior to such date, such units vest immediately upon such occurrence and, in the case of death or disability of the Reporting Person, a pro-rated portion of such units will vest. The Reporting Person is entitled to delivery of the underlying shares of common stock upon ceasing to be a director of Mercer, unless deferred in accordance with its terms. |
F2 | Based on the closing price of Mercer's shares of common stock on the NASDAQ on June 6, 2022. |