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Clearwater Paper Corp Director's Dealing 2012

Jan 18, 2012

33210_dirs_2012-01-17_92f3da0d-5a56-4a8f-9aba-bebaae1890d3.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: 2012-01-13

Reporting Person: Gadd Michael S (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-13	Common Stock	F	5461	$36.67	Disposed	50919	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53	Indirect

Footnotes

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