Michael W. Blosser - 24 Feb 2022 Form 4 Insider Report for LOUISIANA-PACIFIC CORP (LPX)

Role
SVP, Manufacturing Services
Signature
/s/ Nicole Daniel, Attorney-in-Fact
Issuer symbol
LPX
Transactions as of
24 Feb 2022
Transactions value $
$156,351
Form type
4
Filing time
25 Feb 2022, 10:23:48 UTC
Previous filing
15 Feb 2022
Next filing
23 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPX Common Stock Options Exercise $258K +3.8K +1.88% $67.89 206K 24 Feb 2022 Direct F1
transaction LPX Common Stock Tax liability -$101K -1.5K -0.71% $67.89 208K 24 Feb 2022 Direct

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 LPX Performance Stock Unit Options Exercise $0 -3.8K -100% $0.00* 0 24 Feb 2022 Common Stock 3.8K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2019 Performance Unit vested at 120% payout including accumulated dividend on performance shares.
F2 Each performance share converts into the number of shares of Common Stock by applying a payout factor to the target number of shares vesting on a given date. The payout factor can be from 0 to 200% depending on performance realized.