Linda J. Welty - Jun 7, 2022 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
Director
Signature
/s/ Linda Welty
Stock symbol
MERC
Transactions as of
Jun 7, 2022
Transactions value $
$89,996
Form type
4
Date filed
6/8/2022, 02:57 PM
Previous filing
Jun 1, 2021
Next filing
Sep 27, 2022

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 DEFERRED STOCK UNITS Award $90K +5.68K $15.85 5.68K Jun 7, 2022 COMMON STOCK 5.68K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.