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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 4/1/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1441236 |
| Issuer Name: Clearwater Paper Corp |
| Issuer Trading Symbol: CLW |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1356114 |
| | Owner Name: HILLMAN JEANNE M |
| Reporting Owner Address: |
| | Owner Street 1: 601 W RIVERSIDE AVE. SUITE 1100 |
| | Owner Street 2: |
| | Owner City: SPOKANE |
| | Owner State: WA |
| | Owner ZIP Code: 99201 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Phantom Stock Units |
| | | Footnote ID: F1 |
| | Conversion or Exercise Price: |
| | | Value: 43.61 |
| | Transaction Date: |
| | | Value: 4/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 481.541 |
| | | Transaction Price Per Share: |
| Value: 43.61 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 481.541 |
| Footnote ID: F3 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,676.171 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Phantom stock units are credited to the reporting person's account on the transaction date in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors and will be converted to cash and paid on a 1-for-1 basis with the issuer's common stock. |
| Footnote - F2: Phantom stock units will be converted to cash and paid on the date previously elected by the reporting person in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors. |
| Footnote - F3: Phantom stock unit beneficial ownership represents phantom stock allocated to the reporting person's Deferred Compensation Account since the reporting person's last report. These phantom stock allocations represent deferred quarterly retainer meeting fees. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Michael S. Gadd, Attorney-in-Fact |
| Signature Date: 4/3/24 |
