Clinton A. Lewis Jr. - 30 Jul 2020 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
Director
Signature
/s/ Alan R. Haguewood, Attorney-in-Fact for Mr. Lewis
Issuer symbol
IP
Transactions as of
30 Jul 2020
Net transactions value
-$163
Form type
4
Filing time
23 Aug 2021, 16:17:46 UTC
Next filing
11 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Purchase $284 +8 $35.49 8 30 Jul 2020 Direct F1
transaction IP Common Stock Purchase $526 +9 +7.6% $58.42 128 27 Jul 2021 Direct F2
transaction IP Common Stock Sale $973 -17 -13% $57.23 111 30 Jul 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected by the reporting person's broker without the reporting person's knowledge.
F2 This transaction 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 transaction, as noted in the Remarks.
F3 This transaction was effected by the reporting person's broker without the reporting person's knowledge.

Remarks:

The reporting person realized short-swing profits under Section 16(b) of the Exchange Act as a result of the July 27, 2021 transaction reported herein being matched against the August 9, 2021 reversal of the purchase of shares, which was effected by the reporting person's broker without the reporting person's knowledge, which reversal was reported in the reporting person's Form 4 filed on August 11, 2021. The reporting person has disgorged $4.15 to the Issuer, representing the full amount of the profit realized by the reporting person in connection with the short-swing transactions.