David G. Maffucci - 30 Nov 2021 Form 4 Insider Report for Domtar CORP

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Dec 2021, 12:51:54 UTC
Prior SEC filing
04 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Josee Mireault, Attorney-in-fact for Mr. Maffucci

Key filing fact

David G. Maffucci filed Form 4 for Domtar CORP on 02 Dec 2021.

Key facts

  • This page summarizes David G. Maffucci's Form 4 filing for Domtar CORP.
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 02 Dec 2021, 12:51.

Change

  • Previous filing in this sequence was filed on 04 Oct 2021.
  • Current net transaction value: -$1,766,222.

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 derivative securities

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

UFS transaction Derivative

Deferred Share Units

Disposed to Issuer

Transaction value
$1,766,222
Shares
-31,824
Change %
-100%
Price
$55.50
Shares after
0
Date
30 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
31,824
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David G. Maffucci is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Each Deferred Share Unit ("DSU") is the economic equivalent of one share of Common Stock of Domtar Corporation.

Footnote F2

The DSUs credited to the Reporting Person's account represent "long-term" DSUs that were to be settled in cash or shares of Common Stock when the Reporting Person ceased to be a director of Domtar Corporation, but were canceled in exchange for a cash payment as described in footnote (3).

Footnote F3

Pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 10, 2021, by and among, Domtar Corporation, Karta Halten B.V., Pearl Merger Sub Inc., Paper Excellence B.V., and Hervey Investments B.V. (the "Merger Agreement"), each DSU that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was cancelled and converted into the right to receive a cash payment equal to the product of (i) the total number of shares of Common Stock underlying such DSU multiplied by (ii) the Merger Consideration, without any interest and subject to all applicable withholding. All terms capitalized but not defined shall have the respective meanings given to them in the Merger Agreement

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