Brian Merwin - 15 Feb 2024 Form 4 Insider Report for MERCER INTERNATIONAL INC. (MERC)

Reporting relationship: Senior VP, Mass Timber
Issuer ticker: MERC
Reported as of: 15 Feb 2024
Net transaction value: -$22,826
SEC form: 4
Accepted by SEC: 16 Feb 2024, 14:44:33 UTC
Prior SEC filing: 17 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Brian Merwin

Key filing fact

Brian Merwin filed Form 4 for MERCER INTERNATIONAL INC. (MERC) on 16 Feb 2024.

Key facts

This page summarizes Brian Merwin's Form 4 filing for MERCER INTERNATIONAL INC. (MERC).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 16 Feb 2024, 14:44.

Change

Previous filing in this sequence was filed on 17 Feb 2023.
Current net transaction value: -$22,826.

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: +5,863
Change %: +11%
Price: $0.000000
Shares after: 58,890
Date: 15 Feb 2024
Ownership: Direct
Footnotes: F1

MERC transaction

Common Stock

Tax liability

Transaction value: $22,826
Shares: -2,932
Change %: -5%
Price: $7.78
Shares after: 55,958
Date: 15 Feb 2024
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: +5,863
Change %
Price: $0.000000
Shares after: 5,863
Date: 15 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,863
Exercise price: $0.000000
Footnotes: F3

MERC transaction Derivative

Performance Share Units

Options Exercise

Transaction value: $0
Shares: -5,863
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,863
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, 2024.

Footnote F3

Represents the vesting on February 15, 2024 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 2021 to 2023 performance period.