Home/Filings/4/0001333274-11-000001
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
Period: 2011-02-17
LEE JIMMY S H
DirectorChief Executive Officer
Transactions
  • Other

    Performance Units

    2011-02-17+92,883155,154 total
    Exercise: $0.00Common Shares (92,883 underlying)
  • Other

    Performance Units

    2011-02-17+57,339101,630 total
    Exercise: $0.00Common Shares (57,339 underlying)
  • Other

    Performance Units

    2011-02-17+42,69574,136 total
    Exercise: $0.00Common Shares (42,695 underlying)
  • Other

    Performance Units

    2011-02-17+27,86534,365 total
    Exercise: $0.00Common Shares (27,865 underlying)
  • Other

    Performance Units

    2011-02-17+198,008198,008 total
    Exercise: $0.00Common Shares (198,008 underlying)
  • Other

    Performance Units

    2011-02-17+51,56591,430 total
    Exercise: $0.00Common Shares (51,565 underlying)
  • Other

    Performance Units

    2011-02-17+44,66780,501 total
    Exercise: $0.00Common Shares (44,667 underlying)
  • Other

    Performance Units

    2011-02-17+29,78436,284 total
    Exercise: $0.00Common Shares (29,784 underlying)
  • Other

    Performance Units

    2011-02-17+24,18037,037 total
    Exercise: $0.00Common Shares (24,180 underlying)
  • Other

    Performance Units

    2011-02-17+29,18087,410 total
    Exercise: $0.00Common 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.

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