THOMAS I. MORGAN - 17 May 2023 Form 4 Insider Report for RAYONIER ADVANCED MATERIALS INC. (RYAM)

Role
Director
Signature
Brenda K. Davis, Attorney-in-Fact
Issuer symbol
RYAM
Transactions as of
17 May 2023
Net transactions value
+$50,179
Form type
4
Filing time
19 May 2023, 13:29:55 UTC
Previous filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYAM Common Stock Options Exercise $0 +22,116 +2211600% $0.000000 22,117 17 May 2023 Direct
transaction RYAM Common Stock Purchase $50,179 +12,195 +16% $4.11 86,603 17 May 2023 Family LLC F1, F2

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 RYAM Restricted Stock Units Options Exercise $0 -22,116 -100% $0.000000* 0 17 May 2023 Common Stock 22,116 Direct F3
transaction RYAM Restricted Stock Units Award $0 +27,316 $0.000000 27,316 18 May 2023 Common Stock 27,316 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $4.0999 to $4.12. The price reported above reflects the weighted average purchase price. Upon written request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price is available.
F2 The reporting person and his spouse serve as managing members of Cedars TD Investments, LLC and own all of the outstanding LLC interests, directly.
F3 Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.