Joshua C. Hicks - 06 Dec 2023 Form 4 Insider Report for RAYONIER ADVANCED MATERIALS INC. (RYAM)

Role: SVP, High Purity Cellulose
Signature: Brenda K. Davis, Attorney-in-Fact
Issuer symbol: RYAM
Transactions as of: 06 Dec 2023
Net transactions value: -$55,555
Form type: 4
Filing time: 08 Dec 2023, 15:35:09 UTC
Previous filing: 30 May 2023
Next filing: 05 Mar 2024
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	+65,560	+73%	$0.000000	155,155	06 Dec 2023	Direct
transaction	RYAM	Common Stock	Tax liability	$55,555	-15,964	-10%	$3.48	139,191	06 Dec 2023	Direct

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	-65,560	-100%	$0.000000^*	0	06 Dec 2023	Common Stock	65,560		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
F2	Restricted Stock Units to vest 50% on the first anniversary of the grant date and 50% on the second anniversary of the grant date, assuming continued employment with the issuer.