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
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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*
Johnson Joseph B

(Last) (First) (Middle)
1155 METCALFE STREET
SUITE 800

(Street)
MONTREAL A8 H3B 5H2

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AbitibiBowater Inc. [ ABH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President and Controller
3. Date of Earliest Transaction (Month/Day/Year)
10/29/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
11/26/2008
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 12/27/2007 M 1,878 A $0 1,878 D
Common Stock 12/27/2007 F 629 D $36.96 1,249 D
Common Stock 01/02/2008 M 1,058 A $0 2,307 D
Common Stock 01/02/2008 F 420 D $20.3 1,887 D
Common Stock 01/30/2008 M 766 A $0 2,653 D
Common Stock 01/30/2008 F 257 D $23.555 2,396 D
Common Stock 06/05/2008 A 6,422.5 A $0 8,818.5 D
Common Stock 11/24/2008 P 50,000 A $0.8 58,818.5 D
Common Stock 01/24/2009 M 1,419 A $0 60,237.5 D
Common Stock 01/24/2009 F 564 D $0.63 59,673.5 D
Common Stock 01/30/2009 M 766 A $0 60,439.5 D
Common Stock 01/30/2009 F 304 D $0.765 60,135.5 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
Restricted Stock Units $53.6731 10/29/2007 A 1,878 10/29/2007(1) 07/02/2017 Common Stock 1,878 (2) 1,878 D
Restricted Stock Units $53.5962 10/29/2007 A 2,297 (4) 01/30/2017 Common Stock 2,297 (2) 2,297 D
Restricted Stock Units $36.77 10/29/2007 A 1,058 01/01/2008 05/10/2016 Common Stock 1,058 (2) 1,058 D
Restricted Stock Units (3) 10/29/2007 A 894 01/24/2009 05/10/2016 Common Stock 894 (2) 894 D
Restricted Stock Units (3) 10/29/2007 A 525 01/24/2009 05/10/2016 Common Stock 525 (2) 525 D
Stock Options (right to buy) $71.7212 10/29/2007 A 520 (5) 01/25/2015 Common Stock 520 (6) 520 D
Stock Options (right to buy) $86.5769 10/29/2007 A 390 (5) 01/27/2014 Common Stock 390 (6) 390 D
Stock Appreciation Rights $78.3462 10/29/2007 A 650 (7) 01/28/2013 Common Stock 650 (8) 650 D
Stock Appreciation Rights $90.4327 10/29/2007 A 650 (7) 01/29/2012 Common Stock 650 (8) 650 D
Restricted Stock Units (9) 12/27/2007 M 1,878 (10) 02/07/2017 Common Stock 1,878 $0 0 D
Restricted Stock Units (9) 01/02/2008 M 1,058 (10) 05/10/2016 Common Stock 1,058 $0 0 D
Restricted Stock Units (9) 01/30/2008 M 766 (10) 01/30/2017 Common Stock 766 $0 1,531 D
Restricted Stock Units (9) 01/24/2009 M 1,419 (10) 05/10/2016 Common Stock 1,419 $0 0 D
Restricted Stock Units (9) 01/30/2009 M 766 (10) 01/30/2017 Common Stock 766 $0 765 D
Explanation of Responses:
1. These Restricted Stock Units vested upon consummation of the combination of Bowater Incorporated and Abitibi-Consolidated Inc. (the "Combination"), effected on October 29, 2007.
2. 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 common stock had a market value of $36.77 per share on the effective date of the Combination.
3. Each Restricted Stock Unit represents a contingent right to receive one share of Bowater common stock.
4. These Restricted Stock Units vest in three equal annual installments beginning January 30, 2007.
5. These Stock options are exercisable.
6. Received in the Combination in exchange for stock options that represented a right to purchase an amount of Bowater common stock equal to the number of shares of AbitibiBowater common stock subject to the Stock Options divided by 0.52. The exercise price for the replaced stock options is determined by multiplying the exercise price of the Stock Options by 0.52.
7. These Stock Appreciation Rights are exercisable.
8. Assumed by AbitibiBowater in the Combination and replaced with stock appreciation rights that represented a right to purchase an amount of Bowater common stock equal to the number of shares of AbitibiBowater common stock subject to the Stock Appreciation Rights multiplied by 0.52.
9. One for One
10. These Restricted Stock Units are fully exercisable.
Remarks:
/s/ Joseph B. Johnson 03/26/2009
** 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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