Sara Grootwassink Lewis - 14 May 2022 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Role
Director
Signature
/s/ Jose J. Quintana, Attorney-in-fact
Issuer symbol
WY
Transactions as of
14 May 2022
Net transactions value
+$156,895
Form type
4
Filing time
17 May 2022, 15:48:55 UTC
Previous filing
02 May 2022
Next filing
02 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WY Common Tax liability $3,097 -80 -0.37% $38.71 21,574 14 May 2022 Direct F1, F2, F3
holding WY Common 7,987 14 May 2022 By Trust
holding WY Common 45 14 May 2022 By IRA

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 $159,991 +4,191 +10% $38.18 46,113 16 May 2022 Common 4,191 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares (rounded down to the nearest whole share) are being withheld to cover taxes for a restricted stock unit vesting.
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.
F3 The Reporting Person received a cash payment in lieu of fractional shares.
F4 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 4,191 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 $160,000, with the number of units determined by dividing the dollar amount of the fees by $38.175, the average of the high ($38.76) and low ($37.59) 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.