-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DHRmzKfP1uuqyMFQw3sI47DSmUEGbhLqLrz8ig4fSOMUKZ5KoySEdW00seiV/YeW T3Hgm6TggIR92uopFay5LQ== 0001181431-07-065154.txt : 20071031 0001181431-07-065154.hdr.sgml : 20071030 20071031201904 ACCESSION NUMBER: 0001181431-07-065154 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071029 FILED AS OF DATE: 20071031 DATE AS OF CHANGE: 20071031 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LINDSAY RONALD T CENTRAL INDEX KEY: 0001277996 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08712 FILM NUMBER: 071204190 BUSINESS ADDRESS: BUSINESS PHONE: 8642717733 MAIL ADDRESS: STREET 1: C/O BOWATER INC STREET 2: 55 EAST CAMPERDOWN WAY CITY: GREENVILLE STATE: SC ZIP: 29601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BOWATER INC CENTRAL INDEX KEY: 0000743368 STANDARD INDUSTRIAL CLASSIFICATION: PAPER MILLS [2621] IRS NUMBER: 620721803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 55 EAST CAMPERDOWN WAY STREET 2: P O BOX 1028 CITY: GREENVILLE STATE: SC ZIP: 29601 BUSINESS PHONE: 8642717733 MAIL ADDRESS: STREET 1: 55 EAST CAMPERDOWN WAY STREET 2: P O BOX 1028 CITY: GREENVILLE STATE: SC ZIP: 29602 4 1 rrd176410.xml FORM 4 X0202 4 2007-10-29 1 0000743368 BOWATER INC BOW 0001277996 LINDSAY RONALD T 55 EAST CAMPERDOWN WAY GREENVILLE SC 29601 0 1 0 0 EVP-General Counsel&Secretary Restricted Stock Units 27.70 2007-10-29 4 D 0 5416 D 2007-10-29 2017-02-07 Common Stock 5416 0 D Restricted Stock Units 27.87 2007-10-29 4 D 0 8565 D 2017-01-30 Common Stock 8565 0 D Restricted Stock Units 26.35 2007-10-29 4 D 0 5332 D 2008-01-01 2016-05-10 Common Stock 5332 0 D Restricted Stock Units 2007-10-29 4 D 0 1300 D 2009-01-24 2016-05-10 Common Stock 1300 0 D Restricted Stock Units 2007-10-29 4 D 0 1300 D 2016-05-10 Common Stock 1300 0 D Stock Options (right to buy) 27.87 2007-10-29 4 D 0 4580 D 2017-01-30 Common Stock 4580 0 D Stock Options (right to buy) 26.35 2007-10-29 4 D 0 5020 D 2009-01-24 2016-05-10 Common Stock 5020 0 D Stock Options (right to buy) 32.07 2007-10-29 4 D 0 5000 D 2006-05-10 2015-05-10 Common Stock 5000 0 D Stock Options (right to buy) 37.295 2007-10-29 4 D 0 10000 D 2006-01-25 2015-01-25 Common Stock 10000 0 D Stock Options (right to buy) 45.02 2007-10-29 4 D 0 10000 D 2005-01-27 2014-01-27 Common Stock 10000 0 D Phantom Stock Units 2007-10-29 4 D 0 352.06 D Common Stock 352.06 0 D These Restricted Stock Units vested upon consummation of the combination of Bowater Incorporated and Abitibi-Consolidated Inc. (the "Combination"), effected on October 29, 2007. Assumed by AbitibiBowater in the Combination and replaced with restricted stock units representing a contingent right to receive an amount of AbitibiBowater common stock equal to the number of shares of Bowater common stock subject to the Restricted Stock Units multiplied by 0.52. AbitibiBowater had a market value of $36.77 per share on the effective date of the Combination. These Restricted Stock Units vest in three equal annual installments beginning January 30, 2007. Each Restricted Stock Unit represents a contingent right to receive one share of Bowater common stock. These Restricted Stock Units vest January 24, 2009 or in the event of involuntary termination without cause. If Bowater has cumulative positive earnings per share during the three-year period beginning January 1, 2006 and ending December 31, 2008, the total awards will vest. If Bowater has positive earnings per share for any one calendar year during the three-year period, one-third of the respective award will vest for each such year. These Stock Options vest in three equal annual installments beginning January 30, 2007. Assumed by AbitibiBowater in the Combination and replaced with stock options to purchase an amount of AbitibiBowater common stock equal to the number of shares of Bowater common stock subject to the Stock Options multiplied by 0.52. The exercise price of the replacement stock options is determined by dividing the existing exercise price by 0.52. Assumed by AbitibiBowater in the Combination and replaced with phantom stock units that are the economic equivalent of an amount of AbitibiBowater common stock equal to the number of shares of Bowater common stock subject to the Phantom Stock Units multiplied by 0.52. Each Phantom Stock Unit is the economic equivalent of one share of Bowater common stock and becomes payable in cash upon the reporting person's retirement, death, disability, or other termination of employment. Represents all securities acquired by the reporting person under the Bowater Incorporated Compensatory Benefits Plan as of October 26, 2007. Additional securities may have accrued to the reporting person's account since that date. /s/ Ronald T. Lindsay 2007-10-31 -----END PRIVACY-ENHANCED MESSAGE-----