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*
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO A6 M5J 2N7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AbitibiBowater Inc. [ ABH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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, $0.001 par value ("Common Shares") 04/17/2012 J (1) 955,038 A $0 (1) 18,460,789 I See Footnote (2)
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
1. Name and Address of Reporting Person*
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO A6 M5J 2N7

(City) (State) (Zip)
1. Name and Address of Reporting Person*
TIG INSURANCE CO

(Last) (First) (Middle)
250 COMMERCIAL STREET
SUITE 5000

(Street)
MANCHESTER NH 03101

(City) (State) (Zip)
1. Name and Address of Reporting Person*
ODYSSEY REINSURANCE CO

(Last) (First) (Middle)
300 FIRST STAMFORD PLACE

(Street)
STAMFORD CT 06902

(City) (State) (Zip)
1. Name and Address of Reporting Person*
UNITED STATES FIRE INSURANCE CO

(Last) (First) (Middle)
305 MADISON AVENUE

(Street)
MORRISTOWN NJ 07962

(City) (State) (Zip)
Explanation of Responses:
1. In connection with the completion of the take-over bid by AbitibiBowater Inc. ("AbitibiBowater") to acquire all of the issued and outstanding shares of Fibrek Inc. ("Fibrek"), the Reporting Persons, as shareholders of Fibrek, received 0.0284 Common Shares (plus Cdn$0.55 in cash) as consideration per Fibrek common share, for an aggregate total of 955,041 Common Shares.
2. The Common Shares are held by Fairfax Financial Holdings Limited ("Fairfax"), certain of its subsidiaries and the pension plans of certain subsidiaries of Fairfax, including, following the transactions reported herein, 698,435 Common Shares held by Northbridge Commercial Insurance Corporation, 432,498 Common Shares held by Northbridge Indemnity Insurance Corporation, 175,253 Common Shares held by Federated Insurance Company of Canada, 1,253,325 Common Shares held by Northbridge General Insurance Corporation, 344,477 Northbridge Personal Insurance Corporation, 1,749,215 Common Shares held by TIG Insurance Company, 5,630,638 Common Shares held by Odyssey Reinsurance Company and 744,431 Common Shares held by United States Fire Insurance Company.
/s/ V. Prem Watsa, Chairman & Chief Executive Officer 04/19/2012
/s/ John J. Bator, Senior Vice President & Chief Financial Officer 04/19/2012
/s/ Kirk M. Reische, Vice President 04/19/2012
/s/ Paul Bassaline, Vice President & Controller 04/19/2012
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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