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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. 20549STATEMENT
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Understand the terms and conditions of the phantom stock unit agreement.
02
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03
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04
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Who needs phantom stock units are?

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What is Phantom stock units are credited to the reporting person's account on the transaction date in accordance with the provisions of the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II and will be paid on a 1-for-1 basis in shares o Form?

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Phantom stock units are a form of compensation that gives employees the right to receive a cash payment or shares of stock equivalent to the value of a number of shares of the company's stock at a future date.
Typically, companies that issue phantom stock units to their employees must report these on their financial statements, and possibly file with the IRS depending on the structure of the plan.
To fill out phantom stock units, companies must determine the number of units granted, the vesting schedule, and the valuation method, and then report this information on the necessary financial or tax forms.
The purpose of phantom stock units is to incentivize employees by aligning their interests with those of company shareholders, encouraging performance and retention without issuing actual stock.
Companies must report information such as the number of units granted, the vesting conditions, the valuation method, and any payments made upon vesting.
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