SEC Form 4 · accession 0001225208-17-003458
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 13, 2017
Accepted (ET)
Feb 15, 2017 · 7:17 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 |
|---|---|---|---|---|---|---|---|---|
| Common | Feb 13, 2017 | M | 13,110 | $30.16 | A | 72,923 | D | |
| Common | Feb 13, 2017 | M | 12,805 | $30.54 | A | 85,728 | D | |
| Common | Feb 13, 2017 | M | 11,019 | $23.09 | A | 96,747 | D | |
| CommonF1 | Feb 13, 2017 | F | 294 | $33.16 | D | 96,453 | D | |
| CommonF2 | Feb 13, 2017 | F | 385 | $33.16 | D | 96,068 | D | |
| CommonF3 | Feb 13, 2017 | S | 11,019 | $33.9088 | D | 85,049 | D | |
| CommonF3 | Feb 13, 2017 | S | 12,805 | $33.9045 | D | 72,244 | D | |
| CommonF4 | Feb 13, 2017 | S | 13,110 | $33.8941 | D | 59,134 | D | |
| Common | holding | — | — | — | 33,228 | 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)F5 | $23.09 | Feb 13, 2017 | M | 11,019 | D | Feb 9, 2017 | Feb 9, 2026 | Common | 11,019 | 33,057 | D |
| Stock Option (right to buy)F5 | $30.16 | Feb 13, 2017 | M | 13,110 | D | Feb 12, 2015 | Feb 12, 2024 | Common | 13,110 | 4,370 | D |
| Stock Option (right to buy)F6 | $30.54 | Feb 13, 2017 | M | 12,805 | D | Feb 13, 2014 | Feb 13, 2023 | Common | 12,805 | 0 | D |
Explanation of responses
- F1These shares are being withheld to cover taxes for a restricted stock unit vesting.
- F2These shares are being withheld to cover taxes for a performance share unit vesting.
- F3The sales of common stock reported in this Form 4 were executed through several individual broker transactions. All sales occurred within a one dollar price range. The reported sale price is a weighted average sale price; the actual sale prices ranged from $33.9000 to $33.9250 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F4The sales of common stock reported in this Form 4 were executed through several individual broker transactions. All sales occurred within a one dollar price range. The reported sale price is a weighted average sale price; the actual sale prices ranged from $33.8900 to $33.9100 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F5The option vests 25% each year from the grant date.
- F6The option vests 25% each year from the grant date and is fully vested.