Duncan Davies - 30 Dec 2022 Form 4/A - Amendment 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 Dec 2022
Net transactions value
+$35,744
Form type
4/A - Amendment
Filing time
04 Jan 2023, 15:02:57 UTC
Date Of Original Report
03 Jan 2023
Previous filing
03 Oct 2022
Next filing
04 Jan 2023

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 $35,744 +1,675 +5.5% $21.34 32,156 30 Dec 2022 Common Stock 1,675 Direct F1, F2
* 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 1,674.96 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. 1,522.96 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).
F2 The amendment is filed to correct the date of transaction to 12/30/2022.