Form 4: Mercer International Inc. Director Alice Laberge Reports Acquisition of Cash Settled Deferred Stock Units

Director Alice Laberge reports acquisition of cash settled deferred stock units (DSUs) in Mercer International Inc. due to dividend equivalents and grants.

Summary

• On July 3, 2024, Alice Laberge, a director of Mercer International Inc., acquired cash settled deferred stock units (DSUs).
• These DSUs were granted under the non-employee director compensation program.
• Additionally, DSUs were credited as dividend equivalents in connection with the cash dividend paid by Mercer on July 3, 2024.
• The total number of DSUs beneficially owned following the reported transaction is 43,152, which includes 1,438 DSUs credited as dividend equivalents from the grant date of underlying DSUs until July 3, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment with shareholder returns through dividend equivalents.

Positives

• The acquisition of DSUs reflects ongoing participation in the director compensation program.
• Crediting of dividend equivalents increases the value of the director's holdings in line with shareholder returns.

Future Outlook

The reporting person will receive cash payments equal to the fair market value of Mercer's common stock on the redemption date(s) and dividend equivalents after ceasing to be a director, unless deferred in accordance with its terms.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, which is standard practice for publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director compensation with company performance and dividend payouts.

Key Dates