SEC Form 4 · accession 0001209191-17-012945
POTLATCHDELTIC CORP · PCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric J Cremers
Officer — President, COO
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 7:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001338749
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 16, 2017 | A | 13,232 | $0.00 | A | 87,461 | D | |
| Common StockF3 | Feb 16, 2017 | A | 3,456 | $0.00 | A | 90,917 | D | |
| Common StockF4 | Feb 16, 2017 | F | 3,657 | $43.60 | D | 87,260 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock issued in settlement of 2014-2016 Performance Share Grant.
- F2Includes adjustments for dividends accrued.
- F3Represents award of restricted stock units (RSUs) that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on December 31, 2019, subject to continued employment through such date. During the vesting period, an amount equal to the dividends that would have been paid on the RSU's had they been in the form of common stock will be converted into additional RSU's. The additional RSU's will also vest December 31, 2019.
- F4Represents shares of common stock surrendered to satisfy tax liability due at settlement of 2014-2016 Performance Share Grant; not an open market transaction.
Remarks
Reporting Owner: Eric J. Cremers, President and Chief Executive Officer CIK 1219350