Form 4 for CLW Clearwater Paper Corp
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001209191-23-014243 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-03-01 | 2023-02-27 | CLW | Kitch Arsen S. | Pres, CEO, Dir | A - Grant | $29.04 | +120.8K | 146.1K | +477% | +$3.51M |
| 2023-03-01 | 2023-02-27 | CLW | Kitch Arsen S. | Pres, CEO, Dir | F - Tax | $38.23 | -32.2K | 205.7K | -14% | -$1.23M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-27 | A | A | 91,782 | $38.23 | 237,922 | D | — | — | (F3) Represents aggregate number of shares of common stock issuable in settlement of 2020-2022 Performance Share Grant. |
| 2 | Common | Common Stock | 2023-02-27 | A | A | 29,032 | $0.00 | 146,140 | D | — | — | (F1) Represents award of restricted stock units ("RSUs"). RSUs may be settled only for shares of common stock on a one-for-one basis. (F2) Represents award of RSUs that will vest 33%, 33%, 34% on March 15, 2024, 2025 and 2026, respectively, assuming continued employment. During the vesting period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs. |
| 3 | Common | Common Stock | 2023-02-27 | F | D | 32,215 | $38.23 | 205,707 | D | — | — | (F4) Represents shares withheld by Clearwater Paper Corporation to satisfy tax witholding requirements due at settlement of 2020-2022 Performance Share Grant. |