SEC Form 4 · accession 0001225208-16-026163
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 9, 2016
Accepted (ET)
Feb 11, 2016 · 6:33 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 | 28,308 | $0.00 | A | 218,266 | D | |
| CommonF2 | Feb 9, 2016 | A | 17,236 | $0.00 | A | 235,502 | D | |
| Common | holding | — | — | — | 3,895 | 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)F3 | $23.09 | Feb 9, 2016 | A | 131,570 | A | Feb 9, 2017 | Feb 9, 2026 | Common | 131,570 | 131,570 | 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.
- F3The option vests 25% each year from the grant date.