Michele Tyler - Feb 12, 2024 Form 4 Insider Report for POTLATCHDELTIC CORP (PCH)

Signature
/s/ Michele L. Tyler
Stock symbol
PCH
Transactions as of
Feb 12, 2024
Transactions value $
-$179,110
Form type
4
Date filed
2/13/2024, 05:57 PM
Previous filing
Feb 12, 2024
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCH Common Stock Sale -$86.9K -1.92K -5.36% $45.28 33.9K Feb 12, 2024 Direct F1, F2
transaction PCH Common Stock Sale -$49.7K -1.1K -3.25% $45.07 32.8K Feb 12, 2024 Direct F3, F4
transaction PCH Common Stock Sale -$26.3K -584 -1.78% $44.97 32.2K Feb 12, 2024 Direct F5, F6
transaction PCH Common Stock Sale -$16.2K -362 -1.12% $44.87 31.9K Feb 12, 2024 Direct F7, F8
holding PCH Common Stock 1.8K Feb 12, 2024 401K F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of Performance Shares previously reported in Table I. This sale, which was effected pursuant to a 10b5-1 trading plan of the reporting person adopted on February 18, 2021, was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2 The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $45.11 to $45.48 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 Represents shares sold by the reporting person to satisfy anticipated additional tax obligations in connection with the vesting of the Performance Shares described in this Form 4 report. The sale proceeds will be remitted to the Internal Revenue Service.
F4 The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $45.02 to $45.11 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F5 Represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the February 11, 2021 grant of restricted stock units previously reported in Table I. This sale, which was effected pursuant to a 10b5-1 trading plan of the reporting person adopted on February 18, 2021, was mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F6 The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $44.92 to $45.02 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F7 Represents shares sold by the reporting person to satisfy anticipated additional tax obligations in connection with the vesting of the restricted stock units described in this Form 4 report. The sale proceeds will be remitted to the Internal Revenue Service.
F8 The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $44.84 to $44.92 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F9 Represents shares in the Issuer's common stock fund in the Issuer's 401(k) plan, including shares acquired from dividend reinvestment, as shown in the Reporting Person's most recent plan statement.

Remarks:

Michele L. Tyler, Vice President, General Counsel & Corporate Secretary