Robert L. Schwartz - 14 Feb 2022 Form 4 Insider Report for POTLATCHDELTIC CORP (PCH)

Signature
/s/ Michele L. Tyler, Attorney-in-Fact
Issuer symbol
PCH
Transactions as of
14 Feb 2022
Net transactions value
-$264,348
Form type
4
Filing time
16 Feb 2022, 15:14:48 UTC
Previous filing
11 Feb 2022
Next filing
10 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCH Common Stock Sale $218,241 -4,052 -12% $53.86 30,205 14 Feb 2022 Direct F1
transaction PCH Common Stock Sale $43,788 -813 -2.7% $53.86 29,392 14 Feb 2022 Direct F2
transaction PCH Common Stock Sale $2,319 -42 -0.14% $55.22 29,350 15 Feb 2022 Direct F2
holding PCH Common Stock 4,210 14 Feb 2022 401K F3
* 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, 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 Represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the February 14, 2019 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, 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.
F3 Reflects periodic contributions to the issuer's common stock fund in the issuer's 401(k) plan.

Remarks:

Robert L. Schwartz Vice President, Human Resources