RYAM officer reports RSU conversion and grant
RAYONIER ADVANCED MATERIALS INC. officer Jared Timothy Rollins reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. officer Jared Timothy Rollins reported equity compensation activity involving restricted stock units and common shares. He converted 5,364 restricted stock units into the same number of common shares at a conversion price of $0.00 per share, consistent with his RSU agreement.
On the same date, he received a new grant of 3,168 restricted stock units, each representing a contingent right to one share of common stock. To satisfy tax withholding obligations related to the RSU conversion, he disposed of 1,591 common shares at $9.47 per share. After these transactions, he directly owned 18,790 common shares and indirectly held 4,878 common shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,364 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,168 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,364 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,591 | $9.47 | $15K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This transaction represents the conversion of 5,364 RSUs (Restricted Stock Units) into common stock, at a conversion price of $0.00 per share, in accordance with the terms of the RSU agreement. No monetary payment was made for the conversion.
- F2. Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
FAQ
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What insider transactions did RYAM officer Jared Timothy Rollins report on this Form 4?
How many restricted stock units did Jared Timothy Rollins convert and at what price?
What new equity award did Jared Timothy Rollins receive from RYAM?
What role does Jared Timothy Rollins hold at Rayonier Advanced Materials (RYAM)?
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