| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UFS | Common Stock | Disposed to Issuer | -$198K | -3.56K | -100% | $55.50 | 0 | Nov 30, 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UFS | Deferred Share Units | Disposed to Issuer | -$142K | -2.56K | -100% | $55.50 | 0 | Nov 30, 2021 | Common Stock | 2.56K | Direct | F2, F3, F4 | |
| transaction | UFS | Deferred Share Units | Disposed to Issuer | -$1.03M | -18.5K | -100% | $55.50 | 0 | Nov 30, 2021 | Common Stock | 18.5K | Direct | F2, F4, F5 |
David J. Illingworth is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Disposed of for $55.50 per share pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 10, 2021, by and among, Domtar Corporation, Karta Halten B.V., Pearl Merger Sub Inc., Paper Excellence B.V., and Hervey Investments B.V. (the "Merger Agreement"). All terms capitalized but not defined shall have the respective meanings given to them in the Merger Agreement. |
| F2 | Each Deferred Share Unit ("DSU") is the economic equivalent of one share of Common Stock of Domtar Corporation. |
| F3 | The DSUs credited to the Reporting Person's account represent "short-term" DSUs that were granted on December 31, 2020, March 31, 2021, June 30, 2021 and September 30, 2021 and were to be settled in cash or shares of Common Stock on the first anniversary of the grant date, but were canceled in exchange for a cash payment as described in footnote (4). |
| F4 | Pursuant to the Merger Agreement, each DSU that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was cancelled and converted into the right to receive a cash payment equal to the product of (i) the total number of shares of Common Stock underlying such DSU multiplied by (ii) the Merger Consideration, without any interest and subject to all applicable withholding. |
| F5 | The DSUs credited to the Reporting Person's account represent "long-term" DSUs that were to be settled in cash or shares of Common Stock when the Reporting Person ceased to be a director of Domtar Corporation, but were canceled in exchange for a cash payment as described in footnote (4). |