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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
AbitibiBowater Inc. [ ABH ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/29/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 10/29/2007 | A | 2,066 | A | (1) | 2,066 | D | |||
Common Stock | 10/29/2007 | A | 125 | A | (2) | 2,191 | I | By wife |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Deferred Share Units | (3) | 10/29/2007 | A | 485 | (4) | (4) | Common Stock | 485 | $0 | 485 | D |
Explanation of Responses: |
1. The reporting person disposed of 33,001 shares of Abitibi-Consolidated Inc. ("Abitibi-Consolidated") common stock in exchange for 2,066 shares of AbitibiBowater Inc. ("AbitibiBowater") common stock upon consummation of the merger of Abitibi-Consolidated Inc. and Bowater Incorporated (the "Merger") pursuant to the Combination Agreement and Agreement and Plan of Merger, dated as of January 29, 2007 among AbitibiBowater, Abitibi-Consolidated, Bowater Incorporated, Alpha-Bravo Merger Sub Inc. and Bowater Canada Inc., as amended by a first amendment dated May 7, 2007 (as amended, the "Combination Agreement"). |
2. The reporting person's spouse disposed of 2,000 shares of Abitibi-Consolidated common stock upon consummation of the Merger in exchange for 125 shares of AbitibiBowater common stock pursuant to the Combination Agreement. |
3. The reporting person disposed of Deferred Share Units representing 7,748 shares of Abitibi-Consolidated common stock in exchange for Deferred Share Units representing 485 shares of AbitibiBowater common stock upon consummation of the Merger pursuant to the Combination Agreement. Each Deferred Share Unit represents a contingent right to receive the cash value of one share of AbitibiBowater common stock. |
4. Deferred Share Units will be delivered to the reporting person following termination of employment with AbitibiBowater. |
/s/ Stephanie LeClaire, Attorney in Fact | 10/31/2007 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |