SEC Form 4 · accession 0001225208-19-004722
RAYONIER ADVANCED MATERIALS INC. · RYAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Herman
Officer — SVP, Gen Counsel & Corp Sec
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 8:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001597672
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2019 | A | 177,279 | $0.00 | A | 298,228 | D | |
| Common Stock | Mar 1, 2019 | F | 71,204 | $14.10 | D | 227,024 | D | |
| Common StockF2 | holding | — | — | — | 563 | I | By 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Mar 1, 2019 | A | 12,287 | A | Mar 1, 2022 | Mar 1, 2022 | Common Stock | 12,287 | 12,287 | D |
Explanation of responses
- F1Paid pursuant to the 2016 Contingent Performance Share Award Program.
- F2Shares are held in the Rayonier Advanced Materials Investment and Savings Plan, a 401(k) plan, for this person's account.
- F3Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.