Deidra C. Merriwether - May 14, 2021 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Role: Director
Signature: /s/ Jose J. Quintana, Attorney-in-fact
Stock symbol: WY
Transactions as of: May 14, 2021
Transactions value $: $149,975
Form type: 4
Date filed: 5/18/2021, 08:06 PM
Next filing: Apr 4, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WY	Share Equivalents	Award	$150K	+3.9K	+172.32%	$38.46	6.16K	May 14, 2021	Common	3.9K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The share equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors. The Reporting Person elected to defer receipt of 3,900 restricted stock units into an equal number of share equivalents. The restricted stock units represent the equity portion of the annual retainer fee in the amount of $150,000, with the number of units determined by dividing the dollar amount of the fees by $38.455, the average of the high ($38.75) and low ($38.16) price of the Issuer's common stock on the fee payment date. Additional share equivalents accrue as and when dividends are paid on the Issuer's common stock. Share equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director.
F2	Reported holdings include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.

Content

The share equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors. The Reporting Person elected to defer receipt of 3,900 restricted stock units into an equal number of share equivalents. The restricted stock units represent the equity portion of the annual retainer fee in the amount of $150,000, with the number of units determined by dividing the dollar amount of the fees by $38.455, the average of the high ($38.75) and low ($38.16) price of the Issuer's common stock on the fee payment date. Additional share equivalents accrue as and when dividends are paid on the Issuer's common stock. Share equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director.

Reported holdings include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.