Rayonier director receives restricted stock grant
LELAND D MARK reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
LELAND D MARK reported acquisition or exercise transactions in this Form 4 filing.
Rayonier Inc. director Mark D. Leland received an equity award in the form of common shares. He was granted 6,811 common shares at a reference value of $19.82 per share as compensation for serving on the Board of Directors. The restricted stock vests immediately but cannot be transferred until the earlier of four years from the grant date or six months after he ceases to serve on the Board. Following this award, his direct holdings increased to 64,006.9 common shares, which include 287.9 dividend equivalent units that will be paid in line with the underlying award.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 6,811 | $19.82 | $135K |
Footnotes (2)
- F1. Restricted stock granted as compensation for serving as a member of the Board of Directors of the Issuer. Such award vests immediately and is subject to restrictions on transfer until the earlier of four years from the date of the grant or upon a date six months following the date on which the Reporting Person ceases to serve as a member of the Board of Directors.
- F2. Includes 287.9 dividend equivalent units ("DEU") acquired since the Reporting Person's last report. These DEUs will vest and be paid at the same time as the underlying award and be subject to the Reporting Person's deferral election, if any, under the applicable plan under which such awards were issued.
Key Figures
Key Terms
restricted stock financial
dividend equivalent units financial
Form 4 regulatory
Board of Directors financial
FAQ
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What insider transaction did Rayonier (RYN) report for Mark D. Leland?
What are the vesting and transfer terms of Mark D. Leland’s Rayonier restricted stock?
At what value was the Rayonier (RYN) stock award to Mark D. Leland recorded?
What are dividend equivalent units (DEUs) mentioned in Mark D. Leland’s Rayonier Form 4?
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