Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTT | Common Stock | Tax liability | -$22.1K | -1.86K | -18.65% | $11.94 | 8.09K | Jun 24, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CTT | LTIP units | Award | $0 | +5.84K | $0.00 | 5.84K | Jun 25, 2021 | Class A Common Stock | 5.84K | Direct | F2 |
Id | Content |
---|---|
F1 | Reflects shares of common stock repurchased by the issuer for purposes of the reporting person's tax obligations related to the grant. |
F2 | Reflects the grant of a class of limited partnership units ("LTIP units") in CatchMark Timber Operating Partnership, L.P. ("CatchMark Timber OP"), of which the issuer is the general partner and owns 99.81% of the CatchMark Timber OP common units as of March 31, 2021. The LTIP units will vest on the date of the issuer's 2022 annual meeting of stockholders. LTIP units are a class of units structured to qualify as "profits interests" for federal income tax purposes that, subject to certain conditions, including vesting, are convertible by the reporting person into CatchMark Timber OP common units. For further information about the LTIP units, refer to Note 8-Noncontrolling Interest accompanying the audited financial statements and footnotes included in the issuer's Annual Report on Form 10-K for the year ended December 31, 2020. |