David J Illingworth, a director of Domtar Corporation, just received 226 restricted shares from the company. The restricted shares don't become available to Illingworth until such time as they become vested. Illingworth now owns at least 17,183 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 October 15, 2019.
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.
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