Filing Details

Accession Number:
0001225208-18-015398
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-13 08:53:27
Reporting Period:
2018-11-12
Accepted Time:
2018-11-13 08:53:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1597672 Rayonier Advanced Materials Inc. RYAM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1273985 G Paul Boynton 1301 Riverplace Boulevard
Suite 2300
Jacksonville FL 32207
Chairman, President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-11-12 10,000 $13.72 273,020 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 8.00% Series A Mandatory Convertible Preferred Stock Acquisiton 2018-11-12 1,000 $100.99 7,746 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,000 2019-08-15 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,537 Indirect By 401k
Common Stock 30,266 Indirect By Grantor Retained Annuity Trust
Common Stock 33,701 Indirect By Michelle M. Boynton Irrevocable Trust
Common Stock 32,329 Indirect By Paul G. Boynton Trust
Common Stock 796 Indirect By Wife
Footnotes
  1. Shares are held in the Rayonier Advanced Materials Investment and Savings Plan, a 401(k) plan, for this person's account.
  2. The conversion rate of the 8.00% Series A Mandatory Convertible Preferred Stock (the "Preferred Stock") on the mandatory conversion date (expected to be 8/15/2019) depends on the average market value of the Common Stock for a period of time prior to the mandatory conversion date 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 converts into Common Stock on the mandatory conversion date at a conversion rate between 6.5923 and 7.7459 shares of Common Stock per share of Preferred Stock, subject to certain adjustments set forth in the Certificate, but holders may elect to convert shares of Preferred Stock into Common Stock at any time prior to such date at a conversion rate of 6.5923 shares of Common Stock per share of Preferred Stock, subject to certain adjustments set forth in the Certificate.
  3. See note (1). The conversion rate for each share of Preferred Stock will not be more than 7.7459 shares of Common Stock and not less than 6.5923 shares of Common Stock on the mandatory conversion date, subject to certain adjustments set forth in the Certificate. The reporting person has reported the maximum number of shares of Common Stock that could be received in connection with this transaction.
  4. Represents the purchase price of each share of Preferred Stock.