Rubenstein Douglas 4
4 · CatchMark Timber Trust, Inc. · Filed Sep 14, 2022
Insider Transaction Report
Form 4
Rubenstein Douglas
Director
Transactions
- Award
Common Stock
2022-09-14+6,654→ 56,691 total - Disposition to Issuer
Common Stock
2022-09-14−56,691→ 0 total
Footnotes (1)
- [F1]On 9/14/2022, pursuant to the Agreement and Plan of Merger, dated as of 5/29/2022 (the Merger Agreement), by and among PotlatchDeltic Corporation (PCH), Horizon Merger Sub 2022, LLC (Merger Sub), CatchMark Timber Trust, Inc. (CatchMark) and CatchMark Timber Operating Partnership, L.P. (the Partnership), CatchMark merged with and into Merger Sub (the Company Merger), and each share of CatchMark common stock issued and outstanding immediately prior to the Company Merger effective time was automatically cancelled and converted into the right to receive 0.23 shares of PCH common stock, par value $1.00 per share, without interest, but subject to applicable withholding taxes, plus the right, if any, to receive cash in lieu of fractional shares (the Merger Consideration). On September 13, 2022 (the day prior to the effective time of the Company Merger) the closing price of one share of PCH common stock was $45.80.