Clinton A. Lewis Jr. - Aug 9, 2021 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
Director
Signature
/s/ Alan R. Haguewood, Attorney-in-Fact for Mr. Lewis
Stock symbol
IP
Transactions as of
Aug 9, 2021
Transactions value $
-$6,504
Form type
4
Date filed
8/11/2021, 04:03 PM
Previous filing
Aug 2, 2021
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Sale -$6.54K -111 -100% $58.88 0 Aug 9, 2021 Direct F1

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 Call Option (right to buy) Other $32.00 +1 $32.00 0 Aug 9, 2021 Common Stock 100 $62.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the reversal of the purchase of 111 shares of the Issuer's common stock on July 15, 2021, which was effected by the reporting person's broker without the reporting person's knowledge. The reporting person disgorged to the Issuer the full amount of the short-swing profits relating to such transactions, as noted in the Remarks.
F2 Represents the reversal of the call option relating to 100 shares of the Issuer's common stock written on July 23, 2021, which was effected by the reporting person's broker without the reporting person's knowledge. The reporting person disgorged to the Issuer the full amount of the short-swing profits relating to such transactions, as noted in the Remarks.

Remarks:

The reporting person realized short-swing profits under Section 16(b) of the Exchange Act as a result of the transactions reported herein being matched against the transactions reported in the reporting person's Form 4 filed on August 2, 2021. The reporting person has disgorged $200 to the Issuer, representing the full amount of the profit realized realized by the reporting person in connection with the short-swing transactions.