Clearwater Paper Corp — Director's Dealing 2011

Aug 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearwater Paper Corp (CLW)
CIK: 0001441236
Period of Report: 2011-08-09

Reporting Person: Carter Thomas H (Sr. VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-09	Common Stock	S	3285	$66.75	Disposed	23919	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	483	Indirect

Footnotes

F1: This price represents the weighted average sale price for mutiple transactions reported on this line. The price of the transactions reported on this line range between $66.50 to $66.91 per share. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each seperate price within the range.