Domtar Corporation director was just granted 394 restricted shares

Brian M Levitt, a director of Domtar Corporation, just received 394 restricted shares from the company. The restricted shares don't become available to Levitt until such time as they become vested. Levitt now owns at least 44,827 restricted shares of the company.

Some additional info was provided as follows:

Each Deferred Share Unit is the economic equivalent of one share of Domtar Corporation Common Stock. These Deferred Share Units represent dividend equivalents credited to the reporting person's account, following Domtar Corporation's dividend payment of April 15, 2019. These Dividend Equivalent Deferred Share Units credited to the reporting person's account will be settled in cash or shares of Domtar Corporation on the first anniversary of the grant date the y relate to. Total includes prior Deferred Share Units that have different exercise and expiration dates. The Deferred Share Units credited to the reporting person's account will be settled in cash or shares of Domtar Corporation when the reporting person ceases to be a director.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Domtar Corporation makes a similar move, sign up!

Other recent filings from the company include the following:

Waiver of a Provision of the Code of - Dec. 13, 2019

Auto Refresh

Feedback