Edgar Filing: LEE JIMMY S H

Ownership Submission

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 ^*

LEE JIMMY S H

2. Issuer Name and Ticker or Trading Symbol
MERCER INTERNATIONAL INC. [MERC]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chief Executive Officer

(Last)

(First)

(Middle)

SUITE 2840, 650 WEST GEORGIA STREET

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2011

(Street)

VANCOUVER, A1 V6B 4N8

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/01/2011		A		106,755 ⁽¹⁾	A	$ 0	1,986,434	D
Common Stock	03/01/2011		A		55,421 ⁽²⁾	A	$ 0	175,421	D
Common Stock	03/01/2011		A		50,466 ⁽²⁾	A	$ 0	65,466	D
Common Stock	03/01/2011		A		34,550 ⁽²⁾	A	$ 0	34,600	D
Common Stock	03/01/2011		A		38,386 ⁽²⁾	A	$ 0	58,386	D
Common Stock	03/01/2011		A		27,249 ⁽²⁾	A	$ 0	72,249	D
Common Stock	03/01/2011		A		31,056 ⁽²⁾	A	$ 0	64,146	D
Common Stock	03/01/2011		A		6,067 ⁽²⁾	A	$ 0	8,167	D
Common Stock	03/01/2011		A		11,443 ⁽²⁾	A	$ 0	18,443	D
Common Stock	03/01/2011		A		6,067 ⁽²⁾	A	$ 0	17,967	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
LEE JIMMY S H SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8	X		Chief Executive Officer
GANDOSSI DAVID M SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8			Chief Financial Officer
Isacsson Claes Inge ESTBROTEVAGEN 16 SKARHOLMEN, V7 SE - 12741			Chief Operating Officer
Nossol Leonhard HAUPTSTRASSE #16 BLANKENSTEIN, 2M 7366			Group Controller for Europe
Ridder Wolfram AM EISENBUHL 7 SELBITZ, 2M D-95152			VP of Business Development
Heine Eric Xavier SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8			VP Sales & Marketing NA & Asia
Cooper David Michael SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8			VP Sales & Marketing Europe
Short Richard George SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8			Controller
STANNUS GENEVIEVE SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8			Treasurer
MERWIN BRIAN SUITE 2840 650 WEST GEORGIA STREET VANCOUVER, A1 V6B 4N8			VP of Strategic Initiatives

Signatures

/s/ Jimmy S.H. Lee		03/03/2011
^**Signature of Reporting Person		Date
/s/ David M. Gandossi		03/03/2011
^**Signature of Reporting Person		Date
/s/ Claes-Inge Isacson		03/03/2011
^**Signature of Reporting Person		Date
/s/ Leonhard Nossol		03/03/2011
^**Signature of Reporting Person		Date
/s/ Wolfram Ridder		03/03/2011
^**Signature of Reporting Person		Date
/s/ Eric X. Heine		03/03/2011
^**Signature of Reporting Person		Date
/s/ David Cooper		03/03/2011
^**Signature of Reporting Person		Date
/s/ Richard Short		03/03/2011
^**Signature of Reporting Person		Date
/s/ Genevieve Stannus		03/03/2011
^**Signature of Reporting Person		Date
/s/ Brian Merwin		03/03/2011
^**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)	Represents the number of shares earned in connection with the restricted performance shares previously granted on February 18, 2008, based on the achievement of certain targets in the period ended December 31, 2010. These restricted performance shares vested on March 1, 2011.
(2)	Represents the number of shares earned in connection with the performance units previously granted on February 18, 2008, based on the achievement of certain targets in the period ended December 31, 2010. These performance units vested on March 1, 2011.

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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