Michael J. Covey - 15 Sep 2021 Form 4 Insider Report for POTLATCHDELTIC CORP (PCH)

Role: Director
Signature: /s/ Michele Tyler, Attorney-in-Fact
Issuer symbol: PCH
Transactions as of: 15 Sep 2021
Transactions value $: -$3,320,954
Form type: 4
Filing time: 16 Sep 2021, 17:27:05
Next filing: 09 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCH	Common Stock	Options Exercise		+32.9K	+18.59%		210K	15 Sep 2021	Direct	F1, F2
transaction	PCH	Common Stock	Disposed to Issuer	-$1.7M	-32.9K	-15.68%	$51.77	177K	15 Sep 2021	Direct
transaction	PCH	Common Stock	Tax liability	-$1.62M	-31.2K	-17.65%	$51.77	146K	15 Sep 2021	Direct	F3
holding	PCH	Common Stock						226	15 Sep 2021	401K	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PCH	Phantom Stock	Options Exercise		-32.9K	-100%		0	15 Sep 2021	Common Stock	32.9K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of PotlatchDeltic common stock. On September 15, 2021, these deferred phantom stock units were settled for cash.
F2	Includes adjustments for dividends accrued.
F3	Shares withheld for payment of taxes on distribution of deferred common stock units.
F4	Reflects periodic contributions to the issuer's common stock fund in the issuer's 401(k) plan.

Remarks:

Michael J. Covey Executive Chairperson of the Board