RAYONIER ADVANCED MATERIALS INC. — Director's Dealing 2019

Aug 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER ADVANCED MATERIALS INC. (RYAM)
CIK: 0001597672
Period of Report: 2019-08-15

Reporting Person: Bloomquist DeLyle W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-15	Common Stock	C	15104.0000	—	Acquired	48759.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-15	8.00% Series A Mandatory Convertible Preferred Stock	$	C	1950.0000	Disposed	2019-08-15	Common Stock (15104.5050)	Direct

Footnotes

F1: The conversion rate of the 8.00% Series A Mandatory Convertible Preferred Stock (the "Preferred Stock") was 7.7459 shares of Common Stock per share of Preferred Stock.

F2: As set forth in the Certificate of Designations of 8.00% Series A Mandatory Convertible Preferred Stock, included as Exhibit 3.1 to the Issuer's Form 8-K filed with the SEC on 8/10/2016 (the "Certificate"), the Preferred Stock automatically converted into Common Stock on 8/15/2019 (the "Mandatory Conversion Date" or "MCD") at a conversion rate between 6.5923 and 7.7459 shares of Common Stock per share of Preferred Stock, depending on the average market value of the Common Stock for a period of time prior to the MCD as set forth in the Certificate. Holders of Preferred Stock had the right to elect to convert shares of Preferred Stock into Common Stock at any time prior to the MCD at a conversion rate of 6.5923 shares of Common Stock per share of Preferred Stock, subject to certain adjustments. On the MCD, the Preferred Stock automatically converted to Common Stock at a conversion rate of 7.7459 shares of Common Stock per share of Preferred Stock.