Filing Details

Accession Number:
0000921895-12-001969
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-10-05 21:30:31
Reporting Period:
2012-10-03
Filing Date:
2012-10-05
Accepted Time:
2012-10-05 21:30:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
105076 Wausau Paper Corp. WPP Paper Mills (2621) 390690900
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1285596 R Mark Mitchell C/O Starboard Value Lp
830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1362697 C Jeffrey Smith C/O Starboard Value Lp
830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1373638 Ltd Fund Master Opportunity & Value Starboard 830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1410600 A Peter Feld C/O Starboard Value Lp
830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1517137 Starboard Value Lp 830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1517138 Starboard Value Gp Llc 830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1517139 Starboard Principal Co Lp 830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1517140 Starboard Principal Co Gp Llc 830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
1519812 Starboard Value & Opportunity S Llc 830 Third Avenue, 3Rd Floor
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-10-03 9,998 $8.57 4,234,863 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-03 20,806 $8.58 4,255,669 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-03 19,220 $8.64 4,274,889 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-03 2,246 $8.57 1,119,757 No 4 P Indirect By Starboard Value and Opportunity S LLC
Common Stock Acquisiton 2012-10-03 4,675 $8.58 1,124,432 No 4 P Indirect By Starboard Value and Opportunity S LLC
Common Stock Acquisiton 2012-10-03 4,318 $8.64 1,128,750 No 4 P Indirect By Starboard Value and Opportunity S LLC
Common Stock Acquisiton 2012-10-03 3,575 $8.57 1,261,199 No 4 P Indirect By Managed Account of Starboard Value LP
Common Stock Acquisiton 2012-10-03 7,440 $8.58 1,268,639 No 4 P Indirect By Managed Account of Starboard Value LP
Common Stock Acquisiton 2012-10-03 6,873 $8.64 1,275,512 No 4 P Indirect By Managed Account of Starboard Value LP
Common Stock Acquisiton 2012-10-04 19,120 $8.71 4,294,009 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-04 36,830 $8.67 4,330,839 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-04 6,837 $8.71 1,282,349 No 4 P Indirect By Managed Account of Starboard Value LP
Common Stock Acquisiton 2012-10-04 13,170 $8.67 1,295,519 No 4 P Indirect By Managed Account of Starboard Value LP
Common Stock Acquisiton 2012-10-05 1,325 $8.75 4,332,164 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-05 68,573 $8.87 4,400,737 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock Acquisiton 2012-10-05 474 $8.75 1,295,993 No 4 P Indirect By Managed Account of Starboard Value LP
Common Stock Acquisiton 2012-10-05 24,520 $8.87 1,320,513 No 4 P Indirect By Managed Account of Starboard Value LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity S LLC
No 4 P Indirect By Starboard Value and Opportunity S LLC
No 4 P Indirect By Starboard Value and Opportunity S LLC
No 4 P Indirect By Managed Account of Starboard Value LP
No 4 P Indirect By Managed Account of Starboard Value LP
No 4 P Indirect By Managed Account of Starboard Value LP
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Managed Account of Starboard Value LP
No 4 P Indirect By Managed Account of Starboard Value LP
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Managed Account of Starboard Value LP
No 4 P Indirect By Managed Account of Starboard Value LP
Footnotes
  1. This Form 4 is filed jointly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"), Starboard Value and Opportunity S LLC ("Starboard LLC"), Starboard Value LP ("Starboard Value LP"), Starboard Value GP LLC ("Starboard Value GP"), Starboard Principal Co LP ("Principal Co"), Starboard Principal Co GP LLC ("Principal GP"), Jeffrey C. Smith, Mark Mitchell and Peter A. Feld (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
  2. Shares of Common Stock beneficially owned by Starboard V&O Fund. Starboard Value LP, as the investment manager of Starboard V&O Fund, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard V&O Fund. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard V&O Fund.
  3. Shares of Common Stock beneficially owned by Starboard LLC. Starboard Value LP, as the manager of Starboard LLC, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard LLC. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard LLC.
  4. Shares held in an account managed by Starboard Value LP. Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard Value LP.