SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report:  November 13, 2003

 

Commission File Number 1-7107

 

LOUISIANA-PACIFIC CORPORATION

(Exact name of registrant as specified in its charter)

 

 

805 SW Broadway, Suite 1200, Portland, Oregon  97205-3303

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code:  (503) 821-5100

 

 

Item 7.                  Financial Statements, Pro Forma Financial Information and Exhibits

 

(c) Exhibits.

 

99.1                          Notice to Directors and Officers November 12, 2003

 

Item 11.            Temporary Suspension of Trading Under Registrant’s Employee Benefit Plans.

 

On November 12, 2003, Louisiana-Pacific Corporation received notice from Louisiana-Pacific Corporation Hourly 401(K) and Profit Sharing Plan and the Louisiana-Pacific Corporation Salary 401(k) and Profit Sharing Plan regarding a blackout period, as defined in Rule 100 of Regulation BTR. This notice required by Rule 104 of Regulation BTR was provided to directors and executive officers by the Company on November 12, 2003 and is attached hereto as Exhibit 99.1. The foregoing description is qualified by reference to such exhibit.

 

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SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

	LOUISIANA-PACIFIC CORPORATION
Date:  November 13, 2003	By:    /S/ CURTIS M. STEVENS
	Curtis M. Stevens
	Executive Vice President and Chief Financial Officer (Principal Financial Officer)

 

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Index to Exhibits

 

Exhibit Number		Description
99.1		Notice to Directors and Officers dated November 12, 2003

 

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Exhibit 99.1

 

IMPORTANT NOTICE REGARDING THE LOUISIANA-PACIFIC SALARIED 401(K) AND PROFIT SHARING PLAN AND THE LOUISIANA-PACIFIC HOURLY 401(K) AND PROFIT SHARING PLAN BLACKOUT PERIOD AND YOUR RIGHTS TO TRADE COMMON STOCK DURING BLACKOUT PERIOD

 

NOVEMBER 12, 2003

 

TO:		ALL LOUISIANA-PACIFIC CORPORATION DIRECTORS AND EXECUTIVE OFFICERS
FROM:		CURTIS STEVENS, CHIEF FINANCIAL OFFICER

 

The purpose of this notice is to inform you that the Louisiana-Pacific Salaried 401(k) and Profit Sharing Plan and the Louisiana-Pacific Hourly 401(k) and Profit Sharing Plan will be entering a blackout period due to change in record keepers, trustees and investment options under the Plan.  The Securities and Exchange Commission recently published final rules under the Sarbanes-Oxley Act of 2002 (P.L. 107-24) which apply to 401(k) plan blackout periods that begin on or after January 26, 2003.  Because you are a director or executive officer of Louisiana-Pacific Corporation, please be aware that the blackout of the Plans has a direct impact on your ability to trade Louisiana-Pacific common stock.

 

The new rules provide that, during the blackout period, corporate insiders may no longer exercise stock options or trade certain employer securities held outside of the Plans.  Specifically, the insider trading provision prohibits corporate insiders from directly or indirectly purchasing, selling, acquiring or transferring any equity or derivative security of a publicly traded company that they acquired in connection with service or employment as a director or executive officer of that company.  Equities acquired in connection with the individual’s service as a director or officer are subject to the restriction, including securities acquired before the Sarbanes-Oxley Act was passed or before the company went public.  The restriction does not apply to securities of the Louisiana-Pacific Corporation that were not acquired in connection with your service as a director or officer.  However, you should note that there is a rebuttable presumption that any securities sold during a blackout period are not exempt from the rule (i.e., the individual corporate insider bears the burden of proving that the securities were not “acquired in connection with service or employment”).

 

The SEC’s rules provide a limited number of exemptions from the trading restriction.  If you would like more information regarding these exemptions, please contact me at 503.821.5432.

 

KEY DATES:		PLAN BLACKOUT PERIOD BEGINS:		MONDAY, DECEMBER 15, 2003
		PLAN BLACKOUT PERIOD ENDS:		MONDAY, JANUARY 5, 2004

 

Violations of the insider trading prohibition will allow an issuer or a security holder acting on behalf of an issuer to bring an action to recover the profits realized by the director or executive officer.  In addition, the SEC may bring an action, including civil injunction proceedings, cease-and-desist actions, civil penalties and all other remedies available to the SEC under the Exchange Act, including, in some cases, criminal penalties.

 

Please be aware that the week of November 10, 2003 current Plan participants and affected parties will be informed of the blackout via United States first class mail.  A copy of the blackout notice provided to Plan participants and affected parties is attached hereto.

 

While we anticipate a smooth transition, you will be notified in the unlikely event that an extension of the blackout is needed.  Please direct any questions regarding this notice to Shawn Koch, Corporate Benefits Manager, 805 SW Broadway, Suite 1200, Portland, OR  97205, 503.821.5218.