FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SULLIVAN LENORE M
2. Issuer Name and Ticker or Trading Symbol

POTLATCHDELTIC CORP [ PCH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

601 WEST FIRST AVENUE, SUITE 1600
3. Date of Earliest Transaction (MM/DD/YYYY)

5/7/2020
(Street)

SPOKANE, WA 99201
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/7/2020  A  2949.852 (1)A$33.90 15247.373 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Represents award of restricted stock units that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on May 7, 2021, subject to continued service through such date, except in the case of death or disability. Pursuant to the reporting person's election under the PotlatchDeltic 2019 Long-Term Incentive Plan, vested shares will be paid in cash or converted into phantom stock units and deferred in accordance with the provisions of the 2019 Plan. The phantom 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.
(2) 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, phantom stock units that represent quarterly dividends, allocated to the reporting person's account in accordance with the Potlatch 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.

Remarks:
Lenore M. Sullivan
Director

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SULLIVAN LENORE M
601 WEST FIRST AVENUE
SUITE 1600
SPOKANE, WA 99201
X



Signatures
/s/ Michele L. Tyler, Attorney-in-Fact5/8/2020
**Signature of Reporting PersonDate

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