Mercer International Inc (MERC)

[diggg]

Big Kaulana insider still buying shares...


KELLOGG PETER R-ealdeal;)


http://www.secform4.com/filings/75659/000089748510000008.htm

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
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 OMB APPROVAL
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1. Name and Address of Reporting Person *
KELLOGG PETER R
2. Issuer Name and Ticker or Trading Symbol
MERCER INTERNATIONAL INC [ MERCS] 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)

48 WALL STREET, C/O IAT REINSURANCE CO LTD 3. Date of Earliest Transaction (MM/DD/YY)
03/15/2010
(Street)
NEW YORK, NY 10005 4. If Amendment, Date Original Filed(MM/DD/YY)
6. Individual or Joint/Group Filing(Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting



Common Stock 03/15/2010 P 10,100 A $ 5.4911 6,708,609 I ( 1 ) IAT REINSURANCE CO LTD
Common Stock 03/16/2010 P 89,900 A $ 5.7267 6,798,509 I BY IAT REINSURANCE CO LTD
Common Stock 03/15/2010 P 0 A $ 0 257,562 D