Joshua C. Hicks - 11 Dec 2024 Form 4 Insider Report for RAYONIER ADVANCED MATERIALS INC. (RYAM)

Signature
Brenda K. Davis, Attorney-in-Fact
Issuer symbol
RYAM
Transactions as of
11 Dec 2024
Net transactions value
-$185,348
Form type
4
Filing time
12 Dec 2024, 15:16:36 UTC
Previous filing
05 Mar 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYAM Common Stock Award $0 +68,570 +49% $0.000000 207,761 11 Dec 2024 Direct F1, F2
transaction RYAM Common Stock Tax liability $185,348 -21,729 -10% $8.53 186,032 11 Dec 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock issued upon the vesting of a Performance Stock Unit Award ("PSUs").On December 6, 2021, the Reporting Person was granted PSUs, the vesting of which is based on share price performance. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria, as certified by the Compensation and Management Development Committee on December 11, 2024.
F2 PSUs convert into common stock on a one-for-one basis.
F3 Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSU vesting.