Kilgour Lori 4

4 · Resolute Forest Products Inc. · Filed Dec 3, 2021

Form 4

Period: 2021-12-01

SVP, Chief Information Officer

Transactions

Exercise/Conversion
Restricted Stock Unit
2021-12-01−5,487→ 2,440.14 total
From: 2021-12-01→ Common Stock (5,487 underlying)
Tax Payment
Common Stock
2021-12-01$11.61/sh−8,770$101,820→ 99,150 total
Exercise/Conversion
Common Stock
2021-12-01+5,487→ 104,637 total
Disposition to Issuer
Common Stock
2021-12-01$11.61/sh−5,487$63,704→ 99,150 total

Footnotes (2)

[F1]Represents units withheld in respect of taxes on the settlement of restricted stock units.
[F2]Resolute Forest Products Inc. (the "Company") previously awarded the reporting person restricted stock units, each an "RSU". Each RSU represents the right to receive the economic equivalent of one share of Company common stock in cash upon settlement. In general, the RSUs vest and settle in cash in four equal annual installments beginning on December 1 following the grant date (subject to earlier settlement in certain circumstances). The reporting person settled 5,487 RSUs, which vested on December 1, 2021 for cash. This number includes 849 RSUs added in connection with the Company's payment of a special cash dividend on December 20, 2018, and on July 7, 2021.

Documents

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