4//SEC Filing
PIERSON R HUNTER JR 4
Accession 0001209191-20-027981
CIK 0001338749other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 5:07 PM ET
Size
7.0 KB
Accession
0001209191-20-027981
Insider Transaction Report
Form 4
PIERSON R HUNTER JR
Director
Transactions
- Award
Common Stock
2020-05-07$33.90/sh+2,949.852$100,000→ 94,054.373 total
Holdings
- 662,015(indirect: Refer to footnote 3)
Common Stock
Footnotes (3)
- [F1]Represents award of restricted stock units that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on May 7, 2021, subject to continued service through such date, except in the case of death or disability. Pursuant to the reporting person's election under the PotlatchDeltic 2019 Long-Term Incentive Plan, vested shares will be paid in cash or converted into phantom stock units and deferred in accordance with the provisions of the 2019 Plan. The phantom stock units will be paid on a one-for-one basis in shares of PotlatchDeltic common stock after the reporting person's termination from service with PotlatchDeltic, in accordance with the reporting person's election under the 2019 Plan.
- [F2]During the vesting and deferral periods, 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. The additional RSUs will vest and be paid at the same time as the underlying shares of common stock. Likewise, phantom stock units that represent quarterly dividends, allocated to the reporting person's account in accordance with the Potlatch Corporation Deferred Compensation Plan for Directors II since the reporting person's last report, will vest and be paid at the same time as the underlying shares of common stock.
- [F3]Beneficial ownership by Reporting Person to any of these shares is expressly disclaimed.
Documents
Issuer
POTLATCHDELTIC CORP
CIK 0001338749
Entity typeother
Related Parties
1- filerCIK 0001221854
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 5:07 PM ET
- Size
- 7.0 KB