SEC Form 4 · accession 0000849213-16-000200
PLUM CREEK TIMBER CO INC · PCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robin Josephs
Director
Period of report
Feb 19, 2016
Accepted (ET)
Feb 19, 2016 · 5:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000849213
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2016 | D | 41,246 | — | D | 0 | I | By Revocable Trust |
| Common StockF1 | Feb 19, 2016 | D | 200 | — | D | 0 | I | By Family Trusts |
| Common StockF2 | Feb 19, 2016 | D | 603 | — | D | 0 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to the Agreement and Plan of Merger between Issuer and Weyerhaeuser Company dated as of November 6, 2015 (the "Merger Agreement") whereby each share of Issuer common stock was converted into 1.6 Weyerhaeuser common shares with the fractional shares paid in cash. The market value of 1.6 Weyerhaeuser common shares is $22.87, based on the trading price of Weyerhaeuser common shares as of end of trading on February 19, 2016.
- F2Disposed of pursuant to the Merger Agreement, whereby each shares of Issuer common stock that had been deferred pursuant to the terms of the Issuer's Deferral Plan was assumed by Weyerhaeuser and converted into a right to a number of Weyerhaeuser common shares determined by multiplying the number of shares of Issuer common stock subject to such former deferred right to shares of Issuer common stock by 1.6, rounded down to the nearest whole share, on the same terms and conditions as were applicable under such former deferred right to shares of Issuer common stock. The market value of 1.6 Weyerhaeuser common shares is $22.87, based on the trading price of Weyerhaeuser common shares as of end of trading on February 19, 2016.