Sec Form 3 Filing - Leclaire Stephanie @ Resolute Forest Products Inc. - 2022-01-01

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Leclaire Stephanie
2. Issuer Name and Ticker or Trading Symbol
Resolute Forest Products Inc. [ RFP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
chief Legal Officer
(Last) (First) (Middle)
1010 DE LA GAUCHETI?RE STREET WEST, SUIT
3. Date of Earliest Transaction (MM/DD/YY)
01/01/2022
(Street)
MONTREAL, A8H3B 2N2
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9,553( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 15.66 11/06/2014( 2 ) 11/05/2023 Common Stock 11,809 D
Restricted Share Units ( 3 ) ( 3 ) ( 3 ) Common Stock 2,700 D
Restricted Share Units ( 4 ) ( 4 ) ( 4 ) Common Stock 13,986 D
Restricted Share Units ( 5 ) ( 5 ) ( 5 ) Common Stock 7,593 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Leclaire Stephanie
1010 DE LA GAUCHETI?RE STREET WEST, SUIT
MONTREAL, A8H3B 2N2
chief Legal Officer
Signatures
/s/ Isabelle Papillon, as attorney-in-fact 01/07/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This reporting person was awarded restricted stock units, each representing a contingent right to receive one share of Resolute Forest Products Inc. common stock. The award cannot be settled in cash. The restricted stock units vest in four equal annual installments beginning on December 1, 2022. The number of securities represents the outstanding units.
( 2 )The options vested in four equal installments beginning on November 6, 2014.
( 3 )This reporting person was previously awarded restricted stock units ("RSU"), each representing the right to receive the economic equivalent of one share of Resolute Forest Products Inc. common stock in cash upon settlement. The RSUs vest, and settle in cash, in four equal annual installments beginning on December 1, 2019 (subject to earlier settlement in certain circumstances). The number of RSUs indicated represents the remaining unvested RSUs and includes 211 RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021 which remain unvested.
( 4 )This reporting person was previously awarded restricted stock units ("RSU"), each representing the right to receive the economic equivalent of one share of Resolute Forest Products Inc. common stock in cash upon settlement. The RSUs vest, and settle in cash, in four equal annual installments beginning on December 1, 2020 (subject to earlier settlement in certain circumstances). The number of RSUs indicated represents the remaining unvested RSUs and includes 1,096 RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021 which remain unvested.
( 5 )This reporting person was previously awarded restricted stock units ("RSU"), each representing the right to receive the economic equivalent of one share of Resolute Forest Products Inc. common stock in cash upon settlement. The RSUs vest, and settle in cash, in four equal annual installments beginning on December 1, 2021 (subject to earlier settlement in certain circumstances). The number of RSUs indicated represents the remaining unvested RSUs and includes 594 RSUs added in connection with the Company's payment of a special cash dividend on July 7, 2021 which remain unvested.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.