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WEYERHAEUSER CO — Director's Dealing 2020
Nov 13, 2020
30328_dirs_2020-11-13_a6a5d864-fc6b-420c-9c1f-539e9ec08829.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WEYERHAEUSER CO (WY)
CIK: 0000106535
Period of Report: 2020-11-12
Reporting Person: Merriwether Deidra C (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-12 | Share Equivalents | $0.00 | A | 2238.703 | Acquired | Common (2238.703) | Direct |
Footnotes
F1: The share equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors. The Reporting Person elected to defer receipt of 2,238.703 restricted stock units into an equal number of share equivalents. The restricted stock units represent the equity portion of the prorated annual retainer fee in the amount of $62,124, with the number of units determined by dividing the dollar amount of the fees by $27.75, the closing price of the Issuer's common stock on the fee payment date. Additional share equivalents accrue as and when dividends are paid on the Issuer's common stock. Share equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director.