Denise M. Merle - Feb 10, 2022 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Role: Senior Vice President
Signature: /s/ Jose J. Quintana, Attorney-in-fact
Stock symbol: WY
Transactions as of: Feb 10, 2022
Transactions value $: -$438,261
Form type: 4
Date filed: 2/14/2022, 06:17 PM
Previous filing: Feb 9, 2022
Next filing: Feb 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WY	Common	Award	$0	+16.6K	+15.62%	$0.00	123K	Feb 10, 2022	Direct	F1
transaction	WY	Common	Award	$0	+26.9K	+21.89%	$0.00	150K	Feb 10, 2022	Direct	F2
transaction	WY	Common	Tax liability	-$451K	-10.6K	-7.07%	$42.57	139K	Feb 10, 2022	Direct	F3
transaction	WY	Common	Tax liability	-$85.9K	-2.06K	-1.48%	$41.82	137K	Feb 11, 2022	Direct	F4

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	$98.3K	+2.53K	+28.71%	$38.85	11.3K	Feb 10, 2022	Common	2.53K	$0.00	Direct	F5, F6

* 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 in four equal annual installments beginning on March 1, 2023, and on each March 1st thereafter during the vesting period.
F2	Represents shares acquired pursuant to a previously granted performance share unit award. Reported shares include accrued and reinvested dividends.
F3	These shares are being withheld to cover taxes for a performance share unit vesting.
F4	These shares are being withheld to cover taxes for a restricted stock unit vesting.
F5	The share equivalents reported herein were acquired pursuant to the Issuer's deferred compensation plan and are to be settled 100% in cash after the reporting person's termination of employment. Each share equivalent represents the right to receive a cash value of one share of the Issuer's common stock as calculated pursuant to the provisions of the plan. Additional share equivalents accrue as and when dividends are paid on the Issuer's common stock.
F6	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.