Mary E. McBride - 14 Sep 2022 Form 4 Insider Report for CatchMark Timber Trust, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 14 Sep 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Sep 2022, 21:58:55 UTC
Prior SEC filing: 15 Sep 2022
Next SEC filing: 23 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Ying Xiao, under a Power of Attorney

Key filing fact

Mary E. McBride filed Form 4 for CatchMark Timber Trust, Inc. on 14 Sep 2022.

Key facts

This page summarizes Mary E. McBride's Form 4 filing for CatchMark Timber Trust, Inc..
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Sep 2022, 21:58.

Change

Previous filing in this sequence was filed on 15 Sep 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CTT transaction

Common Stock

Award

Transaction value: $0
Shares: +6,654
Change %: +56%
Price: $0.000000
Shares after: 18,632
Date: 14 Sep 2022
Ownership: Direct

CTT transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -18,632
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Sep 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CTT transaction Derivative

Common Units

Disposed to Issuer

Transaction value: $0
Shares: -20,971
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Sep 2022
Ownership: Direct
Underlying class: Common Sotck
Underlying amount: 20,971
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Mary E. McBride is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On 9/14/2022, pursuant to the Agreement and Plan of Merger, dated as of 5/29/2022 (the Merger Agreement), by and among PotlatchDeltic Corporation (PCH), Horizon Merger Sub 2022, LLC (Merger Sub), CatchMark Timber Trust, Inc. (CatchMark) and CatchMark Timber Operating Partnership, L.P. (the Partnership), CatchMark merged with and into Merger Sub (the Company Merger), and each share of CatchMark common stock issued and outstanding immediately prior to the Company Merger effective time was automatically cancelled and converted into the right to receive 0.23 shares of PCH common stock, par value $1.00 per share, without interest, but subject to applicable withholding taxes, plus the right, if any, to receive cash in lieu of fractional shares (the Merger Consideration). On September 13, 2022 (the day prior to the effective time of the Company Merger) the closing price of one share of PCH common stock was $45.80.

Footnote F2

On 9/14/2022, pursuant to the Merger Agreement, immediately following the Company Merger, the Partnership merged with Merger Sub (the Partnership Merger) and each Common Unit of the Partnership outstanding immediately prior to the Partnership Merger effective time was automatically cancelled and converted into the right to receive the Merger Consideration. Immediately prior to the Partnership Merger effective time, each issued and outstanding vested Partnership LTIP Unit eligible for conversion into a Common Unit prior to or at the Partnership Merger effective time automatically converted into one Common Unit pursuant to the Partnership Agreement and converted into the right to receive the Merger Consideration at the Partnership Merger effective time.