SEC Form 4 · accession 0001225208-16-026159
WEYERHAEUSER CO · WY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeanne M Hillman
Officer — VP & Chief Accounting Officer
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 6:28 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 9, 2016 | A | 5,774 | $0.00 | A | 48,018 | D | |
| CommonF2 | Feb 9, 2016 | A | 4,122 | $0.00 | A | 52,140 | D | |
| Common | holding | — | — | — | 31,570 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share EquilvalentsF5,F3,F4 | $0.00 | Feb 9, 2016 | A | 10,143 | A | — | — | Common | 10,143 | 45,383 | D |
| Stock Option (right to buy)F6 | $23.09 | Feb 9, 2016 | A | 44,076 | A | Feb 9, 2017 | Feb 9, 2026 | Common | 44,076 | 44,076 | 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.
- F3Each common share equivalent represents the right to receive the cash value of one share of common stock of the company.
- F4The common share equivalents were acquired pursuant to deferred compensation plans and are to be settled 100% in cash after the reporting person's termination of employment.
- F5Reported holdings include shares acquired in dividend reinvestment transactions.
- F6The option vests 25% each year from the grant date.