SEC Form 4 · accession 0001225208-15-009502
POTLATCHDELTIC CORP · PCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephanie A Brady
Officer — Controller
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 4:25 pm EDT
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 | Apr 1, 2015 | A | 1,000 | $0.00 | A | 1,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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 50% on April 1, 2016 and 50% on April 1, 2017, subject to continued employment through such dates. During the vesting period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs. These additional RSUs will vest proportionately with the RSUs to which they relate.