Manzer William R

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2018-11-07	2018-11-06	Rayonier Advanced Materials Inc (RYAM)	PlS Planned sale	27,957 +7.9% 72.07 US$4,593,174	27,957 +7.9%	72.07	US$4,593,174
2018-10-17	2018-10-16	Rayonier Advanced Materials Inc (RYAM)	PlS Planned sale	92,551 -8.5% 122.71 US$4,848,648	92,551 -8.5%	122.71	US$4,848,648
2018-09-26	2018-09-25	Rayonier Advanced Materials Inc (RYAM)	PlS Planned sale	90,584 +24.6% 334.40 US$1,893,314	90,584 +24.6%	334.40	US$1,893,314
2018-09-05	2018-09-04	Rayonier Advanced Materials Inc (RYAM)	PlS Planned sale	1,000 -2.1% 20.82 US$20,820	1,000 -2.1%	20.82	US$20,820
2018-08-16	2018-08-14	Rayonier Advanced Materials Inc (RYAM)	PlS Planned sale	1,000 -2.0% 20.29 US$20,290	1,000 -2.0%	20.29	US$20,290