Domtar Corporation director was just granted 225 restricted shares

Denis Turcotte, a director of Domtar Corporation, just received 225 restricted shares from the company. The restricted shares don't become available to Turcotte until December 31, 2014. Turcotte now owns at least 1,092 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. The 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 above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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

   Auto Refresh