David Kent Ure - 15 Feb 2023 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Reporting relationship: Senior Vice President, Finance
Issuer ticker: MERC
Reported as of: 15 Feb 2023
Net transaction value: -$68,054
SEC form: 4
Accepted by SEC: 17 Feb 2023, 14:10:16 UTC
Prior SEC filing: 10 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ DAVID URE

Key filing fact

David Kent Ure filed Form 4 for MERCER INTERNATIONAL INC. (MERC) on 17 Feb 2023.

Key facts

This page summarizes David Kent Ure's Form 4 filing for MERCER INTERNATIONAL INC. (MERC).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Feb 2023, 14:10.

Change

Previous filing in this sequence was filed on 10 Mar 2022.
Current net transaction value: -$68,054.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MERC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +11,820
Change %: +18%
Price: $0.000000
Shares after: 78,055
Date: 15 Feb 2023
Ownership: Direct
Footnotes: F1

MERC transaction

Common Stock

Tax liability

Transaction value: $68,054
Shares: -5,910
Change %: -7.6%
Price: $11.52
Shares after: 72,145
Date: 15 Feb 2023
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MERC transaction Derivative

Performance Share Units

Award

Transaction value: $0
Shares: +11,820
Change %
Price: $0.000000
Shares after: 11,820
Date: 15 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,820
Exercise price: $0.000000
Footnotes: F3

MERC transaction Derivative

Performance Share Units

Options Exercise

Transaction value: $0
Shares: -11,820
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,820
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents the conversion of vested performance share units ("PSUs").

Footnote F2

Represents the average of the intraday high and low trading price on February 15, 2023.

Footnote F3

Represents the vesting on February 15, 2023 of PSUs awarded to the reporting person based on the achievement of certain specified performance criteria, including company performance and share price performance during the 2020 to 2022 performance period.