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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/13/20 Mercer International Inc. 10-K 12/31/19 120:22M ActiveDisclosure/FA |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 2.35M 2: EX-4.4 Instrument Defining the Rights of Security Holders HTML 45K 3: EX-10.15 Material Contract HTML 75K 4: EX-21.1 Subsidiaries List HTML 38K 5: EX-23.1 Consent of Experts or Counsel HTML 35K 6: EX-31.1 Certification -- §302 - SOA'02 HTML 42K 7: EX-31.2 Certification -- §302 - SOA'02 HTML 39K 8: EX-32.1 Certification -- §906 - SOA'02 HTML 36K 9: EX-32.2 Certification -- §906 - SOA'02 HTML 38K 92: R1 Document and Entity Information HTML 101K 23: R2 Consolidated Statements of Operations HTML 93K 63: R3 Consolidated Statements of Comprehensive Income HTML 57K 105: R4 Consolidated Statements of Comprehensive Income HTML 38K (Parenthetical) 93: R5 Consolidated Balance Sheets HTML 124K 24: R6 Consolidated Balance Sheets (Parenthetical) HTML 43K 64: R7 Consolidated Statements of Changes in HTML 90K Shareholders' Equity 106: R8 Consolidated Statements of Cash Flows HTML 144K 91: R9 The Company And Summary Of Significant Accounting HTML 97K Policies 28: R10 Acquisitions HTML 108K 41: R11 Accounts Receivable HTML 54K 111: R12 Inventories HTML 58K 71: R13 Property, Plant and Equipment HTML 74K 29: R14 Amortizable Intangible Assets HTML 110K 42: R15 Other Long-Term Assets HTML 53K 112: R16 Accounts Payable and Other HTML 68K 72: R17 Debt HTML 143K 27: R18 Pension and Other Post-Retirement Benefit HTML 546K Obligations 43: R19 Income Taxes HTML 307K 101: R20 Shareholders' Equity HTML 138K 89: R21 Net Income (Loss) Per Common Share HTML 129K 25: R22 Accumulated Other Comprehensive Loss HTML 94K 65: R23 Related Party Transactions HTML 38K 102: R24 Business Segment Information HTML 432K 90: R25 Financial Instruments and Fair Value Measurement HTML 87K 26: R26 Lease Commitments HTML 283K 66: R27 Commitments and Contingencies HTML 42K 104: R28 The Company And Summary Of Significant Accounting HTML 168K Policies (Policies) 88: R29 Acquisitions (Tables) HTML 103K 68: R30 Accounts Receivable (Tables) HTML 53K 110: R31 Inventories (Tables) HTML 58K 45: R32 Property, Plant and Equipment (Tables) HTML 71K 31: R33 Amortizable Intangible Assets (Tables) HTML 112K 67: R34 Other Long-Term Assets (Tables) HTML 53K 109: R35 Accounts Payable and Other (Tables) HTML 68K 44: R36 Debt (Tables) HTML 181K 30: R37 Pension And Other Post-Retirement Benefit HTML 542K Obligations (Tables) 69: R38 Income Taxes (Tables) HTML 307K 107: R39 Shareholders' Equity (Tables) HTML 133K 86: R40 Net Income (Loss) Per Common Share (Tables) HTML 132K 100: R41 Accumulated Other Comprehensive Loss (Tables) HTML 94K 56: R42 Business Segment Information (Tables) HTML 432K 16: R43 Financial Instruments and Fair Value Measurement HTML 83K (Tables) 85: R44 Lease Commitments (Tables) HTML 288K 99: R45 The Company and Summary of Significant Accounting HTML 56K Policies - 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Exhibit 4.4
DESCRIPTION OF THE REGISTRANT'S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934
Mercer International Inc. (the “Company,” “we,” “us” or “our”) has one class of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended, being the Company's common stock, par value $1.00 per share (“Common Stock”).
The following is a summary of the terms of our Common Stock. This summary does not purport to be complete, and is subject to, and qualified in its entirety by the full text of our Articles of Incorporation (“Articles”) and our Bylaws, as amended, each of which is incorporated by reference as an exhibit to our Annual Report on Form 10-K. We encourage you to read our Articles, our Bylaws and the applicable provisions of Washington Business Corporation Act (the “Act”), contained within Title 23B of the Revised Code of Washington, for additional information.
Authorized Capital
We are authorized under our Articles to issue up to 200,000,000 shares of Common Stock, $1.00 par value per share and 50,000,000 shares of preferred stock, $1.00 par value per share (“Preferred Stock”), issuable in series. Our Common Stock is listed on the NASDAQ Global Select Market under the trading symbol “MERC”.
Dividend Rights
Holders of our Common Stock are entitled to dividends when, as and if declared by our board of directors from time to time.
Voting Rights
Each share of our Common Stock entitles the holder to one vote at a meeting of our shareholders. Cumulative voting in the election of directors is not permitted.
Liquidation Rights
Upon the liquidation, dissolution or winding up of the Company, the holders of our Common Stock are entitled to participate pro rata in any distribution of the Company's assets (in cash or in kind or partly each) after the payment of all liabilities, subject to the rights of holders of preferred stock.
Other Rights and Preferences
There are no sinking fund or redemption provisions or preemptive, conversion or exchange rights on our Common Stock.
Certain Anti-Takeover Provisions
The Act, our Articles and our Bylaws contain certain provisions that may have an anti-takeover effect and could delay or make more difficult an acquisition of control. These provisions could have the effect of discouraging third parties from making proposals involving an acquisition or change of control of us, even though such a proposal, if made, might be considered desirable by a majority of our stockholders. Set forth below is a description of certain selected provisions contained in the Act, our Articles and our Bylaws that could impede or delay an
acquisition of control of us. This description is intended as a summary only and is subject to, and qualified in its entirety by reference to, the Act, our Articles and our Bylaws.
Washington Law
We are subject to the provisions of Chapter 23B.19 of the Act, which prohibits a Washington corporation, with certain exceptions, from engaging in certain significant business transactions with an “acquiring person” (defined generally as a person or group of persons who beneficially own or acquire 10% or more of our voting securities) for a period of five years following the acquiring person’s share acquisition date. The prohibited transactions include, among others, mergers or consolidations with, disposition of assets to, or issuance or redemption of stock to or from, the acquiring person, or any other receipt by the acquiring person of a disproportionate benefit as a shareholder.
Exceptions to this statutory prohibition include approval of the significant business transaction at a shareholders meeting by holders of not less than two-thirds of the outstanding shares entitled to vote on the transaction, not counting shares as to which the acquiring person has beneficial ownership or voting control, significant business transactions approved by a majority of the members of our board of directors prior to the acquiring person first becoming an acquiring person, or a merger, share exchange, consolidation, liquidation, distribution or certain other significant business transactions entered into with the acquiring person where certain requirements regarding the fairness of the consideration to be received by the shareholders have been met.
We may not exempt ourselves from coverage of this statute. These statutory provisions may have the effect of delaying, deterring or preventing a change in control of us.
Articles of Incorporation and Bylaws
The following provisions of our Articles and Bylaws, among others, may have an anti-takeover effect:
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Preferred Stock. Our board of directors has the authority to issue up to 50,000,000 shares of Preferred Stock, and to fix the rights, preferences, privileges and restrictions, including voting rights, of these shares without any further vote or action by the holders of our Common Stock. |
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Cumulative Voting. Our Articles do not permit cumulative voting for directors. |
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Advance Notice. Shareholders who wish to nominate any person for election as a director of the Company or to propose any business at an annual meeting of our shareholders must comply with requirements and procedures contained in the Bylaws. |
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Special Meetings. Our Bylaws provide that only a majority of the board of directors, the chairman of the board of directors or the chief executive officer of the Company may call a special meeting of the shareholders, except that shareholders holding shares in the aggregate entitled to cast not less than 20% of the votes at that meeting may call a special meeting under certain requirements and procedures contained in the Bylaws. |
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Board Vacancies. Our board of directors may fill any vacancies of the board of directors, including vacancies resulting from a resolution by our board of directors to increase the number of directors. |
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Amendment to Bylaws. The Bylaws may be altered, amended or repealed by either our board of directors or at any meeting by the requisite vote of our shareholders. |
This ‘10-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 2/13/20 | 4, 4/A, 8-K | ||
For Period end: | 12/31/19 | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/15/24 Mercer International Inc. 10-K 12/31/23 132:21M Donnelley … Solutions/FA 2/16/23 Mercer International Inc. 10-K 12/31/22 126:25M Donnelley … Solutions/FA 6/06/22 Mercer International Inc. S-8 6/06/22 4:93K Donnelley … Solutions/FA 2/17/22 Mercer International Inc. 10-K 12/31/21 122:26M ActiveDisclosure/FA 2/16/21 Mercer International Inc. 10-K 12/31/20 124:24M ActiveDisclosure/FA |