Joshua C. Hicks - Dec 6, 2023 Form 4 Insider Report for RAYONIER ADVANCED MATERIALS INC. (RYAM)

Role
SVP, High Purity Cellulose
Signature
Brenda K. Davis, Attorney-in-Fact
Stock symbol
RYAM
Transactions as of
Dec 6, 2023
Transactions value $
-$55,555
Form type
4
Date filed
12/8/2023, 03:35 PM
Previous filing
May 30, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYAM Common Stock Options Exercise $0 +65.6K +73.17% $0.00 155K Dec 6, 2023 Direct
transaction RYAM Common Stock Tax liability -$55.6K -16K -10.29% $3.48 139K Dec 6, 2023 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 -65.6K -100% $0.00* 0 Dec 6, 2023 Common Stock 65.6K 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 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.