Deidra C. Merriwether - May 16, 2022 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Role
Director
Signature
/s/ Jose J. Quintana, Attorney-in-fact
Stock symbol
WY
Transactions as of
May 16, 2022
Transactions value $
$159,991
Form type
4
Date filed
5/17/2022, 04:13 PM
Previous filing
Apr 19, 2022
Next filing
Mar 16, 2023

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 WY Share Equivalents Award $160K +4.19K +63.49% $38.18 10.8K May 16, 2022 Common 4.19K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The share equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors. The Reporting Person elected to defer receipt of 4,191 restricted stock units into an equal number of share equivalents. The restricted stock units represent the equity portion of the annual retainer fee in the amount of $160,000, with the number of units determined by dividing the dollar amount of the fees by $38.175, the average of the high ($38.76) and low ($37.59) price of the Issuer's common stock on the fee payment date. Additional share equivalents accrue as and when dividends are paid on the Issuer's common stock. Share equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director.
F2 Reported holdings include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.