Filing Details

Accession Number:
0001209191-17-016039
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-01 17:34:05
Reporting Period:
2017-02-27
Filing Date:
2017-03-01
Accepted Time:
2017-03-01 17:34:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1441236 Clearwater Paper Corp CLW Paperboard Mills (2631) 203594554
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1450653 S Michael Gadd 601 W Riverside Ave.
Suite 1100
Spokane WA 99201
Sr. Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-02-27 2,251 $56.75 24,102 No 4 A Direct
Common Stock Disposition 2017-02-27 667 $56.75 23,435 No 4 F Direct
Common Stock Acquisiton 2017-02-27 1,685 $0.00 25,120 No 4 A Direct
Common Stock Disposition 2017-02-27 5,233 $57.04 19,887 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2017-02-27 7,587 $0.00 7,587 $56.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,817 2027-02-27 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 68,472 Indirect Family Trust
Common Stock 53 Indirect 401(k)
Footnotes
  1. Represents aggregate number of shares of common stock issuable in settlement of 2014-2016 Performance Share Grant.
  2. Represents shares withheld by Clearwater Paper Corporation to satisfy tax witholding requirements due at settlement of 2014-2016 Performance Share Grant.
  3. Represents award of restricted stock units ("RSUs"). RSUs may be settled only for shares of common stock on a one-for-one basis.
  4. Represents award of RSUs that will vest 33%, 33%, 34% on March 1, 2018, 2019 and 2020, 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.
  5. This transaction was executed pursuant to a sale in accordance with a 10b5-1 Trading Plan for diversification purposes.
  6. These options become exercisable 33%, 33% and 34% on March 1, 2018, 2019 and 2020, respectively, assuming continued employment.