Donald G. Macpherson - 10 May 2021 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
Director
Signature
/s/ Alan R. Haguewood, attorney-in-fact for Mr. Macpherson
Issuer symbol
IP
Transactions as of
10 May 2021
Net transactions value
$0
Form type
4
Filing time
11 May 2021, 10:51:13 UTC
Next filing
06 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Award $0 +2,336 +358% $0.000000 2,988 10 May 2021 Direct F1, F2

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 IP Restricted Stock Units Award $0 +2,644 +334% $0.000000 3,435 10 May 2021 Common Stock 2,644 By Plan F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported were awarded to the participant for service as a director for the 2021-2022 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 10, 2022, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.
F2 Share numbers are rounded.
F3 The units reported were awarded to the reporting person for service as a director for the 2021-2022 performance year. Restricted stock units (units) held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Common Stock. The units are settled in cash on January 1 following the year in which the reporting person terminates service as a director.