SEC Form 4 · accession 0001225208-19-001769
WEYERHAEUSER CO · WY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell S Hagen
Officer — Senior Vice President and CFO
Period of report
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 1:34 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 1, 2019 | M | 8,000 | $21.10 | A | 132,459 | D | |
| Common | Feb 1, 2019 | S | 8,000 | $26.3158 | D | 124,459 | D | |
| CommonF3 | Feb 3, 2019 | F | 2,061 | $26.75 | D | 122,398 | D |
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 | $21.10 | Feb 1, 2019 | M | 8,000 | D | — | Feb 9, 2019 | Common | 8,000 | 0 | D |
Explanation of responses
- F1Reported holdings include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.
- F2The sales of common stock 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 $26.0700 to $26.6400 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. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adpted by the Reporting Person in November 2018.
- F3These shares are being withheld to cover taxes for restricted stock unit vestings.
- F4The option vests 25% each year from the grant date and is fully vested.