4//SEC Filing
LEE JIMMY S H 4
Accession 0001333274-11-000001
CIK 0001333274other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:48 PM ET
Size
41.0 KB
Accession
0001333274-11-000001
Insider Transaction Report
Form 4
LEE JIMMY S H
DirectorChief Executive Officer
Transactions
- Other
Performance Units
2011-02-17+92,883→ 155,154 totalExercise: $0.00→ Common Shares (92,883 underlying) - Other
Performance Units
2011-02-17+57,339→ 101,630 totalExercise: $0.00→ Common Shares (57,339 underlying) - Other
Performance Units
2011-02-17+42,695→ 74,136 totalExercise: $0.00→ Common Shares (42,695 underlying) - Other
Performance Units
2011-02-17+27,865→ 34,365 totalExercise: $0.00→ Common Shares (27,865 underlying) - Other
Performance Units
2011-02-17+198,008→ 198,008 totalExercise: $0.00→ Common Shares (198,008 underlying) - Other
Performance Units
2011-02-17+51,565→ 91,430 totalExercise: $0.00→ Common Shares (51,565 underlying) - Other
Performance Units
2011-02-17+44,667→ 80,501 totalExercise: $0.00→ Common Shares (44,667 underlying) - Other
Performance Units
2011-02-17+29,784→ 36,284 totalExercise: $0.00→ Common Shares (29,784 underlying) - Other
Performance Units
2011-02-17+24,180→ 37,037 totalExercise: $0.00→ Common Shares (24,180 underlying) - Other
Performance Units
2011-02-17+29,180→ 87,410 totalExercise: $0.00→ Common shares (29,180 underlying)
Footnotes (13)
- [F1]The number of performance units represents the maximum number of shares of common stock of Mercer International Inc. to which the individual will be entitled. Each performance unit represents one share of common stock and up to the maximum number of shares are scheduled to vest annually between January 1, 2014 and January 1, 2016, depending upon the achievement of certain specified performance criteria including company performance, share price performamce and individual performance. In the event of a change of control, the performance units may vest earlier but remain subject to the performance criteria in determining the exact number of shares which will vest with the individual.
- [F10]35,834 performance units previously granted are scheduled to vest on March 1, 2011.
- [F11]31,441 performance units previously granted are scheduled to vest on March 1, 2011.
- [F12]6,500 performance units previously granted are scheduled to vest on March 1, 2011.
- [F13]12,857 performance units previously granted are scheduled to vest on March 1, 2011.
- [F2]One half of these perforamnce units are scheduled to vest on January 1, 2014, while the remaining performance units are scheduled to vest in equal amounts on January 1, 2015 and 2016, respectively.
- [F3]Mr. Lee also holds 116,460 restricted performance shares.
- [F4]62,271 performance units previously granted are scheduled to vest on March 1, 2011.
- [F5]This number of performance units represents the maximum number of shares of common stock of Mercer International Inc. to which the individual will be entitled. Each performance unit represents one share of common stock and up to the maximum number of shares are scheduled to vest on July 31, 2012, depending upon the achievement of certain specified performance criteria including company performance, share price performance and individual performance. In the event of a change of control, the performance units may vest earlier but remain subject to the performance criteria in determining the exact number of shares which will vest with the individual.
- [F6]The performance units are scheduled to vest on July 31, 2012.
- [F7]58,230 performance units previously granted are scheduled to vest on March 1, 2011.
- [F8]44,291 performance units previously granted are scheduled to vest on March 1, 2011.
- [F9]39,865 performance units previously granted are scheduled to vest on March 1, 2011.
Documents
Issuer
MERCER INTERNATIONAL INC.
CIK 0001333274
Entity typeother
Related Parties
1- filerCIK 0001080730
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:48 PM ET
- Size
- 41.0 KB