SEC Form 4 · accession 0001225208-15-004210
WEYERHAEUSER CO · WY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise M Merle
Officer — Senior Vice President
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 | 4,589 | $0.00 | A | 20,493 | D | |
| CommonF2 | Feb 12, 2015 | A | 2,407 | $0.00 | A | 22,900 | D | |
| CommonF3 | Feb 12, 2015 | F | 152 | $35.10 | D | 22,748 | D | |
| Common | holding | — | — | — | 135 | 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 | 26,997 | A | Feb 12, 2016 | Feb 12, 2025 | Common | 26,997 | 26,997 | D |
Explanation of responses
- F1These shares were granted pursuant to a restricted stock unit award that vests 25% each year from the grant date.
- F2These 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.
- F3These shares are being withheld to cover taxes for a restricted stock unit vesting.
- F4The option vests 25% each year from the grant date.