Jennifer C. Dolan - 07 Jul 2021 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Role
Director
Signature
/s/ Stephanie Leclaire, as attorney-in-fact
Issuer symbol
RFP
Transactions as of
07 Jul 2021
Transactions value $
$0
Form type
4
Filing time
09 Jul 2021, 18:03:42 UTC
Next filing
17 Feb 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 RFP Restricted Stock Units Award +2,298 +8.5% 29,328 07 Jul 2021 Common Stock 2,298 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents additional Restricted Stock Units (RSUs) resulting from the adjustment pursuant to the terms of the Resolute Forest Products Equity Incentive Plan and the 2019 Resolute Forest Products Equity Incentive Plan on July 7, 2021 of outstanding unvested DSUs in connection with the payment of the special cash dividend approved by the board of directors of Resolute Forest Products, Inc. (the "Company") on June 10, 2021. These additional RSUs settle in cash and are subject to the original vesting schedule in place with respect to the underlying RSUs.