Filing Details

Accession Number:
0001209191-21-030909
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-07 13:00:00
Reporting Period:
2021-05-06
Accepted Time:
2021-05-07 16:19:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1338749 Potlatchdeltic Corp PCH () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1272732 Lindeke William Driscoll C/O Potlatchdeltic Corporation
601 W. First Ave., Ste. 1600
Spokane WA 99201
Yes No 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 Disposition 2021-05-06 18,333 $60.38 107,831 No 4 S Direct
Common Stock Acquisiton 2021-05-06 1,804 $0.00 109,635 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 240,819 Indirect See footnote 5
Footnotes
  1. The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $60.22 to $60.585 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
  2. Includes adjustments for dividends accrued.
  3. Represents award of restricted stock units (RSUs) that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on May 6, 2022, subject to continued employment through such date, except in the case of death or disability. Pursuant to the reporting person's election under the PotlatchDeltic Corporation 2019 Long-Term Incentive Plan, vested shares will be issued or converted into common stock units and deferred in accordance with the provisions of the 2019 Plan. The common 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.
  4. 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, common stock units that represent quarterly dividends, allocated to the reporting person's account in accordance with the PotlatchDeltic 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.
  5. The reporting person has 235,221 shares held in trust, 5,231 held as a manager, 367 shares as a right to substitute and 240,452 of these shares are expressly disclaimed.