Michael J. Covey - Feb 15, 2023 Form 4 Insider Report for POTLATCHDELTIC CORP (PCH)

Role
Director
Signature
/s/ Michele L. Tyler, Attorney-in-Fact
Stock symbol
PCH
Transactions as of
Feb 15, 2023
Transactions value $
-$983,980
Form type
4
Date filed
2/16/2023, 06:59 PM
Previous filing
Feb 10, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCH Common Stock Sale -$984K -20.5K -10.73% $48.00 171K Feb 15, 2023 Direct F1, F2, F3
holding PCH Common Stock 260 Feb 15, 2023 401K F4
* 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 The price shown is the weighted average sale price for shares sold in multiple transactions; the sale prices ranged from $47.50 to $48.38 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 Includes adjustments for dividends accrued.
F4 Reflects periodic contributions to the issuer's common stock fund in the issuer's 401(k) plan.

Remarks:

Michael J. Covey Chairperson of the Board