Joe W. Laymon - Jan 2, 2025 Form 4 Insider Report for Clearwater Paper Corp (CLW)

Role
Director
Signature
/s/Marc D. Rome, Attorney-in-Fact
Stock symbol
CLW
Transactions as of
Jan 2, 2025
Transactions value $
-$128,507
Form type
4
Date filed
1/6/2025, 06:04 PM
Previous filing
Dec 6, 2024
Next filing
Mar 13, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLW Common Stock Options Exercise +4.35K 4.35K Jan 2, 2025 Direct F1
transaction CLW Common Stock Disposed to Issuer -$129K -4.35K -100% $29.51 0 Jan 2, 2025 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 CLW Phantom Stock Units Options Exercise -4.35K -100% 0 Jan 2, 2025 Common Stock 4.35K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit was the economic equivalent of one share of CLW common stock to be converted to cash and paid in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors.
F2 Phantom stock units that were previously credited to the reporting person's account in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors to be converted to cash and paid on a 1-for-1 basis with the issuer's common stock.
F3 Phantom stock unit beneficial ownership represents phantom stock allocated to the reporting person's Deferred Compensation Account. These phantom stock allocations represent deferred quarterly retainer meeting fees for the years of 2023 and 2024.