XFRA:7AB1 Resolute Forest Products Inc Insider Activity 4 Filing - 10/12/2012

Effective Date 10/12/2012

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
  2. Issuer Name and Ticker or Trading Symbol
Resolute Forest Products Inc. [RFP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
95 WELLINGTON STREET WEST, SUITE 800
3. Date of Earliest Transaction (Month/Day/Year)
10/12/2012
(Street)

TORONTO, A6 M5J 2N7
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
9.0% Convertible Notes due 2009 ( (1) 10/12/2012   P   73,141,000(2)   09/01/2013 09/01/2013 Shares of Common Stock ("Common Shares") 221,670(3) (1) 97,274,000(2) I(4) See Footnote(4)
9.375% Convertible Notes due 2021 ( (1) 10/12/2012   P   52,855,000(2)   12/15/2021 12/15/2021 Common Shares 164,592(3) (1) 107,579,000(2) I(4) See Footnote(4)
9.5% Convertible Notes due 2012 ( (1) 10/12/2012   P   28,646,000(2)   10/15/2013 10/15/2013 Common Shares 90,567(3) (1) 28,646,000(2) I(4) See Footnote(4)
6.5% Convertible Notes due 2013 ( (1) 10/12/2012   P   156,995,000(2)   06/15/2013 06/15/2013 Common Shares 484,839(3) (1) 221,442,056(2) I(4) See Footnote(4)
Floating Rate Convertible Notes due 2010 ( (1) 10/12/2012   P   7,189,000(2)   03/15/2013 03/15/2013 Common Shares 21,753(3) (1) 33,166,000(2) I(4) See Footnote(4)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, A6 M5J 2N7
    X    
WATSA V PREM ET AL
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, A6 M5J 2N7
    X    
1109519 ONTARIO LTD
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, A6 M5J 2N7
    X    
SIXTY TWO INVESTMENT CO LTD
1600 CATHEDRAL PLACE
925 WEST GEORGIA ST.
VANCOUVER, A1 V6C 3L3
    X    
810679 ONTARIO LTD
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, A6 M5J 2N7
    X    
ODYSSEY REINSURANCE CO
300 FIRST STAMFORD PLACE
STAMFORD, CT 06902
    X    

Signatures

 /s/ V. Prem Watsa, Chairman & Chief Executive Officer   10/16/2012
** Signature of Reporting Person Date

 /s/ V. Prem Watsa   10/16/2012
** Signature of Reporting Person Date

 /s/ V. Prem Watsa, President   10/16/2012
** Signature of Reporting Person Date

 /s/ V. Prem Watsa, President   10/16/2012
** Signature of Reporting Person Date

 /s/ V. Prem Watsa, President   10/16/2012
** Signature of Reporting Person Date

 /s/ Kirk M. Reische, Vice President   10/16/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) In connection with the creditor protection proceedings relating to Resolute Forest Products Inc. (the "Company"), a subsidiary of the Company entered into a settlement agreement pursuant to which the Company is required to make a distribution (the "Distribution") to holders of the 2009 Notes, 2021 Notes, 2012 Notes, 2013 Notes and 2010 Notes on the later of (a) November 1, 2012, or (b) two business days after the order approving such settlement agreement becomes a final order.
(2) In dollars of aggregate principal amount
(3) Represents the number of Common Shares that the Reporting Persons expects such derivative securities to be converted into pursuant to the Distribution.
(4) The 2009 Notes, 2021 Notes, 2012 Notes, 2013 Notes and 2010 Notes are held by Fairfax Financial Holdings Limited ("Fairfax") and certain of its subsidiaries, including, following the transactions reported herein, $73,641,000 aggregate principal amount of 2009 Notes, $86,515,000 aggregate principal amount of 2021 Notes, $28,646,000 aggregate principal amount of 2012 Notes, $165,695,000 aggregate principal amount of 2013 Notes and $13,489,000 aggregate principal amount of 2010 Notes held by Odyssey Reinsurance Company.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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XFRA:7AB1 Resolute Forest Products Inc Insider Activity 4 Filling

Resolute Forest Products Inc XFRA:7AB1 Stock - Get Insider Activity SEC Filing of Resolute Forest Products Inc XFRA:7AB1 stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

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XFRA:7AB1 Resolute Forest Products Inc Insider Activity 4 Filing - 10/12/2012
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