Domtar Corporation director was just granted 75 restricted shares

Louis P Gignac, a director of Domtar Corporation, just received 75 restricted shares from the company. The restricted shares don't become available to Gignac until such time as they become vested. Gignac now owns at least 13,215 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 January 15,2014. These 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. These Deferred Share Units credited to the reporting person's account will be settled in cash or shares of Domtar Corporation at the same time as the Deferred Share Units to which they relate.

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

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Other recent filings from the company include the following:

Domtar Corporation Reports Preliminary First Quarter 2014 Financial Results - April 24, 2014

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