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Clearwater Paper Corp Director's Dealing 2012

Jan 17, 2012

33210_dirs_2012-01-17_180043cd-6611-4766-ae9a-bd77c05bcdbf.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: Massman Linda K (President, COO & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-13	Common Stock	F	4221	$36.67	Disposed	87783	Direct

Footnotes

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