Wayne Wasechek - 17 Feb 2023 Form 4 Insider Report for POTLATCHDELTIC CORP (PCH)

Role
Controller
Signature
/s/ Michele L. Tyler, Attorney-in-Fact
Issuer symbol
PCH
Transactions as of
17 Feb 2023
Net transactions value
-$20,386
Form type
4
Filing time
21 Feb 2023, 15:18:16 UTC
Previous filing
16 Feb 2023
Next filing
19 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCH Common Stock Sale $12,611 -266 -2.2% $47.41 12,056 17 Feb 2023 Direct F1
transaction PCH Common Stock Sale $7,775 -164 -1.4% $47.41 11,892 17 Feb 2023 Direct F2
holding PCH Common Stock 1,853 17 Feb 2023 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 the February 13, 2020 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.
F2 Represents shares sold by the reporting person to satisfy anticipated additional tax obligations in connection with the vesting of the restricted stock units described in this Form 4 report. The sale proceeds will be remitted to the Internal Revenue Service.
F3 Reflects periodic contributions to the issuer's common stock fund in the issuer's 401(k) plan.

Remarks:

Wayne Wasechek, Controller and Principal Accounting Officer