SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LOULOU PATRICK

(Last) (First) (Middle)
C/O DOMTAR CORPORATION
395 DE MAISONNEUVE BOULEVARD WEST

(Street)
MONTREAL A8 H3A 1L6

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Domtar CORP [ UFS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Corporate Development
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 05/11/2011 M 4,278 A $12.6 (2) 10,624 D
Common Stock 05/11/2011 M 826 A $66.81 11,450 D
Common Stock 05/10/2011 M 575 A (8) (10) 12,025 D
Common Stock 05/10/2011 F 276 (5) D $104.98 11,749 D
Common Stock 05/11/2011 S 5,104 (1) D $104.55 (6) 6,645 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Employee Stock Option (right to buy) $12.6 (2) 05/11/2011 M 2,139 (3) 04/08/2010 (3) 04/08/2016 Common Stock 2,139 $0 2,139 D
Employee Stock Option (right to buy) $12.6 (2) 05/11/2011 M 2,139 (4) 04/08/2010 (4) 04/08/2016 Common Stock 2,139 $0 2,139 D
Employee Stock Option (right to buy) $66.81 05/11/2011 M 826 (7) 05/10/2011 05/10/2017 Common Stock 826 $0 1,654 D
Restricted Stock Units (8) 05/10/2011 M 575 05/10/2011 (9) Common Stock 575 $0 1,160.14 D
Explanation of Responses:
1. Shares sold represent exercised stock options which are an integral part of Domtar Corporation's long-term incentive compensation program.
2. The price has been adjusted to reflect the reverse stock split for a ratio of 1-for-12 of the issuer's common shares, which became effective June 10, 2009.
3. On April 8, 2009, a grant of regular stock options was awarded to members of the Management Committee. These stock options vest in three equal annual installments on the first three anniversaries of the grant date. Two thirds of the regular stock options were vested as of April 8, 2011.
4. On April 8, 2009, a grant of performance conditioned stock options was awarded to members of the Management Committee. These stock options vest in three equal annual installments on the first three anniversaries of the grant date. Two thirds of the performance conditioned stock options were vested as of April 8, 2011.
5. Payment of tax liability by withholding securities incident to the settlement of restricted stock units (RSUs).
6. This transaction was executed in multiple trades at prices ranging from $104.54 to $104.55. The price reported above is the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
7. On May 10, 2010, a grant of regular stock options was awarded to members of the Management Committee. These stock options vest in three equal annual installments on the first three anniversaries of the grant date. One third of the regular stock options vested as of May 10, 2011.
8. Each Restricted Stock Unit is the economic equivalent of one share of Domtar Corporation Common Stock.
9. These Restricted Stock Units vest in 3 equal annual installments beginning on May 10, 2011.
10. This transaction represents the settlement of vested restricted stock units in shares of common stock.
Razvan L. Theodoru, Attorney-in-fact for Mr. Loulou 05/12/2011
** Signature of Reporting Person Date
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).
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