Duncan Davies - 30 Sep 2021 Form 4 Insider Report for Resolute Forest Products Inc. (RFP)

Role: Director
Signature: /s/ Isabelle Papillon, as attorney-in-fact
Issuer symbol: RFP
Transactions as of: 30 Sep 2021
Transactions value $: $12,101
Form type: 4
Filing time: 04 Oct 2021, 16:00:49 UTC
Previous filing: 15 Sep 2021
Next filing: 03 Dec 2021
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	RFP	Deferred Stock Units	Award	$12,100	+1,016	+55%	$11.91	2,875	30 Sep 2021	Common Stock	1,016		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Resolute Forest Products Inc. (the "Company") awarded 1,016.01 deferred stock units, each a "DSU", to the reporting person, representing deferred director fees. Each DSU is the economic equivalent of one share of the Company's common stock. 924.01 DSUs were fully vested at the time of award, with the balance to vest proportionately on March 31 in each of the three years following the date of grant. Vested DSUs will settle and become payable in cash after the earliest of (i) death or (ii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).

Content

Resolute Forest Products Inc. (the "Company") awarded 1,016.01 deferred stock units, each a "DSU", to the reporting person, representing deferred director fees. Each DSU is the economic equivalent of one share of the Company's common stock. 924.01 DSUs were fully vested at the time of award, with the balance to vest proportionately on March 31 in each of the three years following the date of grant. Vested DSUs will settle and become payable in cash after the earliest of (i) death or (ii) December 15 of the year following the year of the reporting person's termination of service (subject to earlier settlement in certain circumstances).