Michael D. Osborne - 10 Apr 2024 Form 4 Insider Report for RAYONIER ADVANCED MATERIALS INC. (RYAM)

Role: Vice President, Manufacturing
Signature: Brenda K. Davis, Attorney-in-Fact
Issuer symbol: RYAM
Transactions as of: 10 Apr 2024
Net transactions value: -$29,362
Form type: 4
Filing time: 12 Apr 2024, 08:50:52 UTC
Previous filing: 05 Mar 2024
Next filing: 05 Mar 2025
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	+26,270		$0.000000	26,270	10 Apr 2024	Direct
transaction	RYAM	Common Stock	Tax liability	$29,362	-6,397	-24%	$4.59	19,873	10 Apr 2024	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	-26,270	-50%	$0.000000	26,270	10 Apr 2024	Common Stock	26,270		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	Grant of 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.