Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
5K characters. Original on sec.gov ·
Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock trades on the following exchanges under the symbol WY:
| • | New York Stock Exchange and |
| • | Chicago Stock Exchange |
As of December 31, 2016, there were 15,504 holders of record of our common shares. Dividend-per-share data and the range of closing market prices for our common stock for each of the four quarters in 2016 and 2015 are included in Note 21: Selected Quarterly Financial Information (unaudited) in the Notes to Consolidated Financial Statements.
INFORMATION ABOUT SECURITIES AUTHORIZED FOR ISSUANCE UNDER OUR EQUITY COMPENSATION PLAN
| NUMBER OF SECURITIES TO BE ISSUED UPON EXERCISE OF OUTSTANDING OPTIONS, WARRANTS AND RIGHTS | WEIGHTED AVERAGE EXERCISE PRICE OF OUTSTANDING OPTIONS, WARRANTS AND RIGHTS | NUMBER OF SECURITIES REMAINING AVAILABLE FOR FUTURE ISSUANCE UNDER EQUITY COMPENSATION PLANS (EXCLUDING SECURITIES TO BE ISSUED UPON EXERCISE) | |||||
| Equity compensation plans approved by security holders(1) | 17,440,704 | $ | 21.58 | 21,646,924 | |||
| Equity compensation plans not approved by security holders | N/A | N/A | N/A | ||||
| Total | 17,440,704 | $ | 21.58 | 21,646,924 | |||
| (1) Includes 1,582,831 restricted stock units and 760,650 performance share units. Because there is no exercise price associated with restricted stock units and performance share units, excluding these stock units the weighted average exercise price calculation would be $24.93. |
WEYERHAEUSER COMPANY > 2016 ANNUAL REPORT AND FORM 10-K 33
INFORMATION ABOUT COMMON STOCK REPURCHASES DURING 2016
| TOTAL NUMBER OF SHARES (OR UNITS) PURCHASED | AVERAGE PRICE PAID PER SHARE (OR UNIT) | TOTAL NUMBER OF SHARES (OR UNITS) PURCHASED AS PART OF PUBLICLY ANNOUNCED PLANS OF PROGRAMS | MAXIMUM NUMBER (OR APPROXIMATE DOLLAR VALUE) OF SHARES (OR UNITS) THAT MAY YET BE PURCHASED UNDER THE PLANS OR PROGRAMS(1) | |||||||
| Common Stock Repurchases During First Quarter: | ||||||||||
| January | — | $ | — | — | $ | 478,442,984 | ||||
| February | 11,151,586 | $ | 24.90 | 11,151,586 | $ | 2,222,380,446 | ||||
| March | 20,215,955 | $ | 28.93 | 20,215,955 | $ | 1,637,554,693 | ||||
| Total repurchases during first quarter | 31,367,541 | $ | 27.49 | 31,367,541 | $ | 1,637,554,693 | ||||
| Common Stock Repurchases During Second Quarter: | ||||||||||
| April | 12,288,096 | $ | 31.48 | 12,288,096 | $ | 1,250,716,457 | ||||
| May | 12,124,893 | $ | 31.16 | 12,124,893 | $ | 872,903,002 | ||||
| June | 2,260,407 | $ | 29.47 | 2,260,407 | $ | 806,283,924 | ||||
| Total repurchases during second quarter | 26,673,396 | $ | 31.16 | 26,673,396 | $ | 806,283,924 | ||||
| Common Stock Repurchases During Third Quarter: | ||||||||||
| July | 8,579,989 | $ | 31.16 | 8,579,989 | $ | 538,928,998 | ||||
| August | 1,195,884 | $ | 32.55 | 1,195,884 | $ | 500,000,011 | ||||
| September | — | $ | — | — | $ | 500,000,011 | ||||
| Total repurchases during third quarter | 9,775,873 | $ | 31.33 | 9,775,873 | $ | 500,000,011 | ||||
| Common Stock Repurchases During Fourth Quarter: | ||||||||||
| October | — | $ | — | — | $ | 500,000,011 | ||||
| November | — | $ | — | — | $ | 500,000,011 | ||||
| December | — | $ | — | — | $ | 500,000,011 | ||||
| Total repurchases during fourth quarter | — | $ | — | — | $ | 500,000,011 | ||||
| Total common stock repurchases during 2016 | 67,816,810 | $ | 29.49 | 67,816,810 | $ | 500,000,011 | ||||
| (1) The 2016 Share Repurchase Authorization was approved in November 2015 by our Board of Directors and authorized management to repurchase up to $2.5 billion of outstanding shares subsequent to the closing of our merger with Plum Creek. Transaction fees incurred for repurchases are not counted as use of funds authorized for repurchase under the 2016 Share Repurchase Authorization. All common stock purchases under the stock repurchase program were made in open-market transactions. |
WEYERHAEUSER COMPANY > 2016 ANNUAL REPORT AND FORM 10-K 34
COMPARISON OF FIVE-YEAR CUMULATIVE TOTAL SHAREHOLDER RETURN
Weyerhaeuser Company, S&P 500 and S&P Global Timber & Forestry Index

PERFORMANCE GRAPH ASSUMPTIONS
| • | Assumes $100 invested on December 31, 2011 in Weyerhaeuser common stock, the S&P 500 Index and the S&P Global Timber & Forestry Index. |
| • | Total return assumes dividends received are reinvested at month end. |
| • | Measurement dates are the last trading day of the calendar year shown. |
WEYERHAEUSER COMPANY > 2016 ANNUAL REPORT AND FORM 10-K 35
Previous: Item 3. LEGAL PROCEEDINGS · Next: Item 6. SELECTED FINANCIAL DATA