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

Signature
/s/ Jose J. Quintana, Attorney-in-fact
Issuer symbol
WY
Transactions as of
10 Feb 2022
Net transactions value
-$438,261
Form type
4
Filing time
14 Feb 2022, 18:17:02 UTC
Previous filing
09 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WY Common Award $0 +16,603 +16% $0.000000 122,864 10 Feb 2022 Direct F1
transaction WY Common Award $0 +26,901 +22% $0.000000 149,765 10 Feb 2022 Direct F2
transaction WY Common Tax liability $450,646 -10,586 -7.1% $42.57 139,179 10 Feb 2022 Direct F3
transaction WY Common Tax liability $85,940 -2,055 -1.5% $41.82 137,124 11 Feb 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 $98,325 +2,531 +29% $38.85 11,346 10 Feb 2022 Common 2,531 $0.000000 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.