SEC Form 4 · accession 0001225208-15-004206
WEYERHAEUSER CO · WY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia M Bedient
Officer — Executive Vice President & CFO
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 2:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000106535
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Feb 12, 2015 | A | 35,351 | $0.00 | A | 189,963 | D | |
| CommonF2 | Feb 12, 2015 | A | 11,241 | $0.00 | A | 201,204 | D | |
| CommonF3 | Feb 12, 2015 | F | 932 | $35.10 | D | 200,272 | D | |
| Common | holding | — | — | — | 3,757 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $35.405 | Feb 12, 2015 | A | 66,123 | A | Feb 12, 2016 | Feb 12, 2025 | Common | 66,123 | 66,123 | D |
Explanation of responses
- F1These shares were granted pursuant to a performance share unit award that was earned based on the achievement of specified performance goals. Once earned, the performance share units vested 50% on the second anniversary of grant and then 25% each year thereafter. Reported shares include accrued and reinvested dividends.
- F2These shares were granted pursuant to a restricted stock unit award that vests 25% each year from the grant date.
- F3These shares are being withheld to cover taxes for a restricted stock unit vesting.
- F4The option vests 25% each year from the grant date.