Michael D. Osborne - Apr 10, 2024 Form 4 Insider Report for RAYONIER ADVANCED MATERIALS INC. (RYAM)

Role
Vice President, Manufacturing
Signature
Brenda K. Davis, Attorney-in-Fact
Stock symbol
RYAM
Transactions as of
Apr 10, 2024
Transactions value $
-$29,362
Form type
4
Date filed
4/12/2024, 08:50 AM
Previous 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 +26.3K $0.00 26.3K Apr 10, 2024 Direct
transaction RYAM Common Stock Tax liability -$29.4K -6.4K -24.35% $4.59 19.9K Apr 10, 2024 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 -26.3K -50% $0.00 26.3K Apr 10, 2024 Common Stock 26.3K 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 Grant of 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.