Alan C. Wallace - 03 Jul 2024 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Role
Director
Signature
/s/ Alan C. Wallace
Issuer symbol
MERC
Transactions as of
03 Jul 2024
Net transactions value
$0
Form type
4
Filing time
05 Jul 2024, 14:06:08 UTC
Previous filing
04 Jun 2024
Next filing
09 Jun 2025
SEC
View on sec.gov

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 $0 +303 +0.91% $0.000000 33,467 03 Jul 2024 Common Stock 303 Direct F1, F2, F3
* 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") granted under the non-employee director compensation program of Mercer International Inc. ("Mercer"). Each DSU 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.
F2 Represents DSUs credited as dividend equivalents in connection with the cash dividend paid by Mercer on July 3, 2024 to all holders of record of its shares of common stock.
F3 Includes an aggregate of 1,380.6 DSUs credited as dividend equivalents from the grant date of underlying DSUs until July 3, 2024.