Devin W. Stockfish - Dec 20, 2023 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Role
President and CEO, Director
Signature
/s/ Jose J. Quintana, Attorney-in-fact
Stock symbol
WY
Transactions as of
Dec 20, 2023
Transactions value $
-$68,400
Form type
4
Date filed
12/21/2023, 07:54 PM
Previous filing
Mar 3, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WY Common Options Exercise $435K +14.4K +2.03% $30.16 724K Dec 20, 2023 Direct F1, F2
transaction WY Common Sale -$461K -13.3K -1.84% $34.53 711K Dec 20, 2023 Direct F1, F3
transaction WY Common Options Exercise $499K +17.5K +2.46% $28.56 729K Dec 20, 2023 Direct F1
transaction WY Common Sale -$541K -15.7K -2.15% $34.55 713K Dec 20, 2023 Direct F1, F4

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 -14.4K -100% $0.00* 0 Dec 20, 2023 Common 14.4K $30.16 Direct F1, F5
transaction WY Stock Option (right to buy) Options Exercise $0 -17.5K -100% $0.00* 0 Dec 20, 2023 Common 17.5K $28.56 Direct F1, F5
* 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 August 3, 2023. For each option exercised, shares were sold to cover the exercise price, required fees, and taxes; and the Reporting Person has retained the remaining shares acquired upon exercise of the options.
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 This transaction was executed in multiple trades at prices ranging from $34.5001 to $34.6050. The price reported herein reflects the weighted average sale price of all the trades. The Reporting Person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 This transaction was executed in multiple trades at prices ranging from $34.5001 to $34.6400. The price reported herein reflects the weighted average sale price of all the trades. The Reporting Person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 The option is fully vested.