Nicole Weyerhaeuser Piasecki - 14 May 2021 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Role
Director
Signature
Nicole W. Piasecki
Issuer symbol
WY
Transactions as of
14 May 2021
Net transactions value
-$4,137
Form type
4
Filing time
18 May 2021, 18:37:27 UTC
Next filing
01 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WY Common Award $0 +3,900 +16% $0.000000 28,972 14 May 2021 Direct F1, F2
transaction WY Common Tax liability $4,137 -108 -0.37% $38.31 28,863 15 May 2021 Direct F3, F4
holding WY Common 784 14 May 2021 Shares held by my spouse.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were granted pursuant to a restricted stock unit award that vests 100% after one year after the grant date. These shares (rounded down to the nearest whole share) represent the equity portion of the annual retainer fee in the amount of $150,000.00, with the number of restricted stock units determined by dividing the dollar amount of the fee by $38.455, the average of the high ($38.75) and low ($38.16) price of the issuer's common stock on the date of the grant.
F2 Reported holdings include shares acquired from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.
F3 These shares (rounded down to the nearest whole share) are being withheld to cover taxes for a restricted stock unit vesting.
F4 The reporting person received a cash payment in lieu of fractional shares.