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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* LEE JIMMY S H (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MERCER INTERNATIONAL INC. [ MERC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer
	3. Date of Earliest Transaction (Month/Day/Year) 03/01/2011
	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	03/01/2011		A		106,755(1)	A	$0	1,986,434	D
Common Stock	03/01/2011		A		55,421(2)	A	$0	175,421	D
Common Stock	03/01/2011		A		50,466(2)	A	$0	65,466	D
Common Stock	03/01/2011		A		34,550(2)	A	$0	34,600	D
Common Stock	03/01/2011		A		38,386(2)	A	$0	58,386	D
Common Stock	03/01/2011		A		27,249(2)	A	$0	72,249	D
Common Stock	03/01/2011		A		31,056(2)	A	$0	64,146	D
Common Stock	03/01/2011		A		6,067(2)	A	$0	8,167	D
Common Stock	03/01/2011		A		11,443(2)	A	$0	18,443	D
Common Stock	03/01/2011		A		6,067(2)	A	$0	17,967	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

1. Name and Address of Reporting Person* LEE JIMMY S H (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer

1. Name and Address of Reporting Person* GANDOSSI DAVID M (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) Chief Financial Officer

1. Name and Address of Reporting Person* Isacsson Claes Inge (Last) (First) (Middle) ESTBROTEVAGEN 16 (Street) SKARHOLMEN V7 SE - 12741 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) Chief Operating Officer

1. Name and Address of Reporting Person* Nossol Leonhard (Last) (First) (Middle) HAUPTSTRASSE #16 (Street) BLANKENSTEIN 2M 7366 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) Group Controller for Europe

1. Name and Address of Reporting Person* Ridder Wolfram (Last) (First) (Middle) AM EISENBUHL 7 (Street) SELBITZ 2M D-95152 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) VP of Business Development

1. Name and Address of Reporting Person* Heine Eric Xavier (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) VP Sales & Marketing NA & Asia

1. Name and Address of Reporting Person* Cooper David Michael (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) VP Sales & Marketing Europe

1. Name and Address of Reporting Person* Short Richard George (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) Controller

1. Name and Address of Reporting Person* STANNUS GENEVIEVE (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) Treasurer

1. Name and Address of Reporting Person* MERWIN BRIAN (Last) (First) (Middle) SUITE 2840 650 WEST GEORGIA STREET (Street) VANCOUVER A1 V6B 4N8 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) VP of Strategic Initiatives

Explanation of Responses:

1. Represents the number of shares earned in connection with the restricted performance shares previously granted on February 18, 2008, based on the achievement of certain targets in the period ended December 31, 2010. These restricted performance shares vested on March 1, 2011.

2. Represents the number of shares earned in connection with the performance units previously granted on February 18, 2008, based on the achievement of certain targets in the period ended December 31, 2010. These performance units vested on March 1, 2011.

	/s/ Jimmy S.H. Lee	03/03/2011
	/s/ David M. Gandossi	03/03/2011
	/s/ Claes-Inge Isacson	03/03/2011
	/s/ Leonhard Nossol	03/03/2011
	/s/ Wolfram Ridder	03/03/2011
	/s/ Eric X. Heine	03/03/2011
	/s/ David Cooper	03/03/2011
	/s/ Richard Short	03/03/2011
	/s/ Genevieve Stannus	03/03/2011
	/s/ Brian Merwin	03/03/2011
	** 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).
** 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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