Form 4 for LPX LOUISIANA-PACIFIC CORP
Accepted 2023-05-09 00:00:00 ET · period of report 2023-05-05 · accession 0001209191-23-028144 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-09 | 2023-05-05 | LPX | Embree Tracy A | Dir | A - Grant | $0.00 | +2,182 | 33.1K | +7% | $0 |
| D | 2023-05-09 | 2023-05-05 | LPX | Embree Tracy A | Dir | M - OptEx | $0.00 | +6,942 | 30.8K | +29% | $0 |
| D | 2023-05-09 | 2023-05-05 | LPX | Embree Tracy A | Dir | M - OptEx | $0.00 | -6,942 | 0 | -100% | $0 |
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 | 2023-05-05 | A | A | 2,182 | $0.00 | 33,056 | D | — | — | (F3) Restricted stock units ("RSUs") granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan will vest in full on May 5, 2024. Each RSU represents a contingent right to receive one share of the issuer's common stock. The reporting person has elected to defer the receipt of common stock upon the vesting of the RSUs, and upon vesting of the RSUs, will receive DSUs under the Directors Compensation Plan. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer. (F4) Includes 45 shares credited as dividend equivalents. |
| 2 | Common | Common Stock | 2023-05-05 | M | A | 6,942 | $0.00 | 30,829 | D | — | — | (F1) Represents deferred stock units ("DSUs") under the Amended and Restated Louisiana-Pacific Corporation Non-Employee Directors Compensation Plan (the "Directors Compensation Plan") that were previously reported on Table II. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer. The reporting person has determined to report DSUs on Table I going forward. (F2) Includes 282 shares credited as dividend equivalents. |
| 3 | Derivative | Deferred Stock Units | 2023-05-05 | M | D | 6,942 | $0.00 | 0 | D | — · — to — | 6,942 Common Stock | (F1) Represents deferred stock units ("DSUs") under the Amended and Restated Louisiana-Pacific Corporation Non-Employee Directors Compensation Plan (the "Directors Compensation Plan") that were previously reported on Table II. Each DSU entitles the reporting person to receive one share of common stock upon the earlier of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer. The reporting person has determined to report DSUs on Table I going forward. |