1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The following table summarizes our purchases of RYAM common stock during the quarter ended April 1, 2023:
+Added: The following table summarizes our purchases of RYAM common stock during the quarter ended July 1, 2023:
Total Number of Shares Purchased (a)
1 unchanged sentence
Dollar Value of Shares That May Yet be Purchased Under the Publicly Announced Plans or Programs (b)
−Removed: January 1 to February 4 89,797 $ 7.79 — $ 60,294,000
−Removed: February 5 to March 4 525,110 $ 8.40 — $ 60,294,000
−Removed: March 5 to April 1 — $ — — $ 60,294,000
+Added: April 2 to May 6 11,442 $ 8.40 — $ 60,294,000
+Added: May 7 to June 3 17,809 $ 4.30 — $ 60,294,000
+Added: June 4 to July 1 — $ — — $ 60,294,000
Total 29,251 —
1 unchanged sentence
(a) Represents shares repurchased to satisfy tax withholding requirements related to the issuance of stock under our stock incentive plans.
−Removed: (b) As of April 1, 2023, $60 million of share repurchase authorization remains under the authorization declared by our Board of Directors.
−Removed: Rayonier Advanced Materials Inc.
−Removed: Notes to Consolidated Financial Statements (Unaudited)
−Removed: (in thousands unless otherwise stated)
+Added: (b) As of July 1, 2023, $60 million of share repurchase authorization remains under the authorization declared by our Board of Directors.
Description Location
4 unchanged sentences
Amended and Restated Bylaws of Rayonier Advanced Materials Inc., effective October 19, 2022 Incorporated herein by reference to Exhibit 3.1 to the Registrant’s Form 8-K filed on October 19, 2022
+Added: Rayonier Advanced Materials Inc.
+Added: 2023 Incentive Stock Plan, effective May 17, 2023 Incorporated herein by reference to Exhibit D to the Registrant's Definitive Proxy Statement on Schedule 14A filed on March 31, 2023
+Added: Term Loan Credit Agreement, dated as of July 20, 2023, by and among RYAM Lux SARL, Rayonier Advanced Materials Inc., the other subsidiaries of Rayonier Advanced Materials Inc.
+Added: party thereto, the lenders party thereto, Oaktree Fund Administration, LLC, as administrative agent, and Computershare Trust Company, N.A., as collateral agent Incorporated herein by reference to Exhibit 10.1 to the Registrant’s Form 8-K filed on July 20, 2023
+Added: Loan Agreement, dated as of July 20, 2023, by and among RYAM Lux SARL, Rayonier Advanced Materials Inc.
+Added: and the other subsidiaries of Rayonier Advanced Materials Inc.
+Added: party thereto Incorporated herein by reference to Exhibit 10.2 to the Registrant’s Form 8-K filed on July 20, 2023
+Added: Amendment No.
+Added: 2 to Revolving Credit Agreement, dated as of July 20, 2023, among Rayonier Advanced Materials Inc., Rayonier A.M.
+Added: Products Inc., the lenders and issuing banks party thereto and Bank of America, N.A.
+Added: as administrative agent and collateral agent Incorporated herein by reference to Exhibit 10.3 to the Registrant’s Form 8-K filed on July 20, 2023
Chief Executive Officer’s Certification Pursuant to Rule 13a-14(a)/15d-14(a) and pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
6 unchanged sentences
104 Cover page interactive data file (formatted in Inline XBRL and contained in Exhibit 101) pursuant to Rule 406 of Regulation S-T Filed herewith
−Removed: Rayonier Advanced Materials Inc.
−Removed: Notes to Consolidated Financial Statements (Unaudited)
−Removed: (in thousands unless otherwise stated)
+Added: * Management contract or compensatory plan
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
3 unchanged sentences
(Principal Financial Officer)
+Added: August 9, 2023
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.