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Clearwater Paper Corp Director's Dealing 2011

Jan 15, 2011

33210_dirs_2011-01-14_8c644eed-9fd5-40d4-9cf2-eba5d3bd358d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearwater Paper Corp (CLW)
CIK: 0001441236
Period of Report: 2011-01-13

Reporting Person: DeVleming Robert P (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-13	Common Stock	F	2749	$79.71	Disposed	52647	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1760	Indirect

Footnotes

F1: Represents shares withheld by Clearwater Paper Corporation to satisfy tax withholding requirements due at settlement of restricted stock units.