David M. Wold - 03 Nov 2023 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Signature
/s/ Jose J. Quintana, Attorney-in-fact
Issuer symbol
WY
Transactions as of
03 Nov 2023
Net transactions value
-$434
Form type
4
Filing time
07 Nov 2023, 16:14:59 UTC
Previous filing
17 May 2023
Next filing
01 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WY Common Options Exercise $27,838 +923 +1.5% $30.16 61,359 03 Nov 2023 Direct F1, F2
transaction WY Common Sale $28,271 -923 -1.5% $30.63 60,436 03 Nov 2023 Direct F1

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 Stock Option (right to buy) Options Exercise $0 -923 -25% $0.000000 2,770 03 Nov 2023 Common 923 $30.16 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercise of stock options and sale of underlying shares of common stock by the Reporting Person reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2023.
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 option is fully vested.