Mercer International Inc.
US ˙ NasdaqGS ˙ US5880561015

Introduction

This page provides a comprehensive analysis of the known insider trading history of Jimmy S H Lee. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Jimmy S H Lee has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:MERC / Mercer International Inc. Executive Chairman, Director 1,934,868
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Jimmy S H Lee. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases MERC / Mercer International Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MERC / Mercer International Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MERC / Mercer International Inc. Insider Trades
Insider Sales MERC / Mercer International Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MERC / Mercer International Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MERC / Mercer International Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Jimmy S H Lee as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2023-02-17 2023-02-15 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 34,551 1,934,868 1.82
2022-02-17 2022-02-16 4 MERC MERCER INTERNATIONAL INC.
PERFORMANCE SHARE UNITS
M - Exercise -16,246 0 -100.00
2022-02-17 2022-02-16 4 MERC MERCER INTERNATIONAL INC.
PERFORMANCE SHARE UNITS
A - Award 16,246 16,246
2022-02-17 2022-02-16 4 MERC MERCER INTERNATIONAL INC.
COMMON STOCK
M - Exercise 16,246 1,900,317 0.86
2021-02-18 2021-02-16 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -17,441 0 -100.00
2021-02-18 2021-02-16 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 17,441 17,441
2021-02-18 2021-02-16 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 17,441 1,884,071 0.93
2020-02-14 2020-02-13 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -31,932 0 -100.00
2020-02-14 2020-02-13 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 31,932 31,932
2020-02-14 2020-02-13 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 31,932 1,866,630 1.74
2020-02-14 2020-02-13 4/A MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -31,932 0 -100.00
2020-02-14 2020-02-13 4/A MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 31,932 31,932
2020-02-14 2020-02-13 4/A MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 31,932 1,866,630 1.74
2019-02-15 2019-02-14 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -87,133 0 -100.00
2019-02-15 2019-02-14 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 87,133 87,133
2019-02-15 2019-02-14 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 87,133 1,834,698 4.99
2018-02-21 2018-02-20 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -32,017 0 -100.00
2018-02-21 2018-02-20 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 32,017 32,017
2018-02-21 2018-02-20 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 32,017 1,747,565 1.87
2018-01-18 2018-01-18 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,715,548 -0.58 14.41 -144,129 24,726,022
2018-01-18 2018-01-17 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -5,000 1,725,548 -0.29 14.43 -72,165 24,904,834
2018-01-18 2018-01-16 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,730,548 -0.57 14.53 -145,277 25,140,882
2018-01-10 2018-01-10 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,000 1,740,548 -0.40 14.20 -99,432 24,723,788
2018-01-10 2018-01-09 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,747,548 -0.57 14.25 -142,493 24,901,336
2018-01-10 2018-01-08 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -8,000 1,757,548 -0.45 14.15 -113,166 24,861,922
2018-01-04 2018-01-04 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,765,548 -0.42 14.13 -105,957 24,942,956
2018-01-04 2018-01-03 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,773,048 -0.56 14.35 -143,508 25,444,657
2018-01-04 2018-01-02 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,783,048 -0.42 14.26 -106,960 25,428,582
2017-12-29 2017-12-29 4 MERC MERCER INTERNATIONAL INC.
COMMON STOCK
S - Sale X -7,000 1,790,548 -0.39 14.28 -99,933 25,562,221
2017-12-29 2017-12-28 4 MERC MERCER INTERNATIONAL INC.
COMMON STOCK
S - Sale X -8,000 1,797,548 -0.44 14.32 -114,580 25,745,381
2017-12-29 2017-12-27 4 MERC MERCER INTERNATIONAL INC.
COMMON STOCK
S - Sale X -10,000 1,805,548 -0.55 14.30 -143,024 25,823,670
2017-12-22 2017-12-22 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,815,548 -0.55 14.14 -141,403 25,672,393
2017-12-22 2017-12-21 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,000 1,825,548 -0.49 13.76 -123,849 25,121,366
2017-12-22 2017-12-20 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -6,000 1,834,548 -0.33 13.84 -83,032 25,387,759
2017-12-14 2017-12-14 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -6,000 1,840,548 -0.32 13.35 -80,086 24,567,083
2017-12-14 2017-12-13 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,846,548 -0.54 13.33 -133,265 24,608,022
2017-12-14 2017-12-12 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,000 1,856,548 -0.48 13.29 -119,582 24,667,768
2017-12-06 2017-12-06 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -8,000 1,865,548 -0.43 13.38 -107,068 24,967,562
2017-12-06 2017-12-05 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,000 1,873,548 -0.48 13.49 -121,440 25,280,345
2017-12-06 2017-12-04 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -8,000 1,882,548 -0.42 13.59 -108,718 25,583,451
2017-12-01 2017-11-30 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -13,000 1,890,548 -0.68 13.93 -181,069 26,332,309
2017-12-01 2017-11-29 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -12,000 1,903,548 -0.63 13.96 -167,478 26,566,868
2017-11-24 2017-11-24 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,915,548 -0.39 14.17 -106,303 27,150,403
2017-11-24 2017-11-22 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,923,048 -0.39 14.38 -107,844 27,651,892
2017-11-24 2017-11-21 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,930,548 -0.52 14.21 -142,055 27,424,400
2017-11-16 2017-11-16 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,940,548 -0.39 14.14 -106,066 27,443,424
2017-11-16 2017-11-15 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,948,048 -0.38 14.02 -105,158 27,313,581
2017-11-16 2017-11-14 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,955,548 -0.51 14.02 -140,155 27,407,983
2017-11-13 2017-11-10 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,965,548 -0.38 14.12 -105,883 27,749,017
2017-11-13 2017-11-09 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,500 1,973,048 -0.38 14.29 -107,188 28,198,210
2017-11-13 2017-11-08 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,980,548 -0.50 14.32 -143,219 28,365,210
2017-11-01 2017-11-01 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -5,000 1,990,548 -0.25 14.41 -72,027 28,674,640
2017-11-01 2017-10-31 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 1,995,548 -0.50 14.60 -145,950 29,125,023
2017-11-01 2017-10-30 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,005,548 -0.50 14.27 -142,667 28,612,552
2017-10-26 2017-10-26 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -5,000 2,015,548 -0.25 14.17 -70,868 28,567,571
2017-10-26 2017-10-25 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,020,548 -0.49 14.23 -142,335 28,759,470
2017-10-26 2017-10-24 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,030,548 -0.49 14.40 -144,000 29,239,891
2017-10-20 2017-10-20 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -5,000 2,040,548 -0.24 14.23 -71,162 29,042,099
2017-10-20 2017-10-19 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,045,548 -0.49 13.96 -139,644 28,564,850
2017-10-20 2017-10-18 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,055,548 -0.48 13.63 -136,295 28,016,091
2017-10-11 2017-10-10 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -15,647 2,065,548 -0.75 12.24 -191,465 25,275,078
2017-10-11 2017-10-09 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,353 2,081,195 -0.45 11.93 -111,597 24,832,194
2017-10-04 2017-10-04 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -5,000 2,090,548 -0.24 11.89 -59,430 24,848,044
2017-10-04 2017-10-03 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,095,548 -0.47 11.87 -118,667 24,867,239
2017-10-04 2017-10-02 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -10,000 2,105,548 -0.47 11.81 -118,118 24,870,312
2017-09-27 2017-09-26 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -16,000 2,115,548 -0.75 11.16 -178,520 23,604,227
2017-09-27 2017-09-25 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,000 2,131,548 -0.42 10.76 -96,855 22,939,080
2017-09-20 2017-09-20 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -7,000 2,140,548 -0.33 10.87 -76,086 23,266,686
2017-09-20 2017-09-19 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,000 2,147,548 -0.42 10.94 -98,482 23,499,544
2017-09-20 2017-09-18 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,000 2,156,548 -0.42 10.82 -97,359 23,328,889
2017-09-13 2017-09-12 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -9,989 2,165,548 -0.46 11.10 -110,884 24,038,882
2017-09-13 2017-09-11 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -15,011 2,175,537 -0.69 11.08 -166,380 24,113,435
2017-09-07 2017-09-07 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -3,997 2,190,548 -0.18 10.91 -43,605 23,897,783
2017-09-07 2017-09-06 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -16,800 2,194,545 -0.76 10.91 -183,270 23,940,072
2017-09-07 2017-09-05 4 MERC MERCER INTERNATIONAL INC.
Common Stock
S - Sale X -4,203 2,211,345 -0.19 11.12 -46,732 24,587,282
2017-02-27 2017-02-23 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -60,807 0 -100.00
2017-02-27 2017-02-23 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 60,807 60,807
2017-02-27 2017-02-23 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 60,807 2,215,551 2.82
2016-01-07 2016-01-05 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -42,077 0 -100.00
2016-01-07 2016-01-05 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 42,077 2,154,744 1.99
2016-01-04 2015-12-31 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 42,077 42,077
2015-02-03 2015-02-02 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
M - Exercise -42,077 0 -100.00
2015-02-03 2015-02-02 4 MERC MERCER INTERNATIONAL INC.
Common Stock
M - Exercise 42,077 2,112,664 2.03
2015-01-05 2014-12-31 4 MERC MERCER INTERNATIONAL INC.
Performance Share Units
A - Award 42,077 42,077
2014-05-07 2014-05-05 4 MERC MERCER INTERNATIONAL INC.
Common Stock
A - Award 84,153 2,070,587 4.24
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)